Brazil Cuts Key Rate to Record Low to Jumpstart Economy

The Brazilian central bank on Wednesday slashed its interest rate for the 10th time ...

How Much Will Brazil Grow in 2012? 2.5%, Says Central Bank, 1.81%, Say Other Banks

When compared to May, Brazil’s GDP rose 0.75% in June. This is growth as ...

Brazil Has Lowered Key Interest Rate 36% in Less than a Year

Brazil’s basic interest rate, the Selic, which, at 8.5% for the last 45 days, ...

Once Again Brazilian Businessmen Lower their 2012 Growth Expectation. Now to 2.05%

The Brazilian Central Bank’s weekly survey of financial institution and market sentiment, the Focus ...

Brazil Analysts Now Expect Country to Grow no More than 2.72% This Year

In Brazil, for the fourth time in a row, institutions and analysts in the ...

Brazil Industry Applauds Lower Interest Rates, Now They Want Other Changes

Last week, the Brazilian Central Bank’s Copom (Monetary Policy Committee) cut the Brazil’s benchmark ...

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’s Timid Interest Rate Cut Doesn’t Please Industry or Workers

Brazil Central Bank’s Monetary Policy Committee (Copom) surprised the market at the end 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 ...