Tag: interest rates
Fearful of World Recession Brazil President Calls on Central Bank to Cut Interest Rates
Dilma Rousseff, the president of Brazil, made her strongest call yet for the Brazilian ...
Brazil Expected to Create 3 Million New Jobs This Year
The unemployment rate in Brazil fell to its lowest since January in spite of ...
To Contain Inflation Brazil Raises Prime Rate to 12.50%. 5th Hike This Year
The Brazilian Monetary Policy Committee (Copom) of the Central Bank unanimously decided to raise ...
With 200% Credit Card Interest Rates Brazil Bracing for 12.5% Prime Rate
The Brazilian Central Bank’s Monetary Policy Committee (Copom), which sets the country’s basic interest ...
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 President-Elect Expected to Cut Spending and Interest Rates
Brazil’s President-elect Dilma Rousseff’s efforts to restrain public spending will allow the Brazilian central ...
Brazil Worried with Economy’s Overheating and Inflation
Copom, the Brazilian Central Bank Monetary Policy Committee, expressed concern about inflation and advanced ...
Bradesco Expects Key Brazil Interest Rate to Jump from 8.75% to 13%
According to Bradesco Asset Management, Brazil will boost interest rates to as high as ...
Finance War: Brazil Wants Banks to Lend More and Charge Less
Private banks in Brazil should follow state lenders and lower interest rates to help ...
Brazil Is Not Afraid of Inflation and Plans to Further Cut Interest Rates
The Brazilian government set its inflation target for 2011 at 4.5%, seeing no evidence ...