Tag: benchmark

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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 ...

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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 ...

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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 ...

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Key Interest Rate in Brazil Falls 2.5%, But Bank Loan Interests Drop Mere 0.19%

Since August of last year, the interest rates charged by banks for loans to ...

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Brazil’s New Key Interest Rate Shows Central Bank’s Arrogance, Says Industry Federation

In a note on the decision by the Monetary Policy Committee (COPOM) of Brazil’s ...

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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 ...

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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, ...