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Tag: benchmark

Brazil Hikes Key Interest Rates to 12% in Attempt to Halt Over 6% Inflation

In a decision that surprised the market, which expecting a bigger hike, Brazil’s central ...

Brazil’s Industry and Labor Unions Decry 11.75% Key Interest Rate

In Brazil, the Central Bank’s Monetary Policy Committee (Copom), for the second time this ...

Brazilian Central Bank’s Survey Offers Hint of Falling Interest Rates

Recent reductions in the annualized benchmark interest rate (Selic) have made Brazilian market analysts ...

In Brazil, High Interests Are a Rich’s Best Friend

Brazil’s annualized benchmark interest rate of 19.75% – one of the highest in the ...

Low Inflation Leads Brazil to Hold Benchmark Interests at 19.75%

The nine members of the Brazilian Central Bank’s Monetary Policy Committee (Copom) decided unanimously, ...

Brazil’s Benchmark Interest Rate Raised to 19.5%

The Monetary Policy Committee (Copom) of the Brazilian Central Bank (BC) resolved on Wednesday, ...

Inflation Fears Bring Market Down in Brazil

Brazilian stocks fell, yesterday, alongside lackluster trading in the U.S. Brazilian equities suffered as ...

Brazil Benchmark Rate Raised 0.25%

Brazil’s Central Bank’s Monetary Policy Committee (Copom) announced, yesterday, its decision to raise the country’s basic ...