Tag: selic
Only Pact with Devil Explains Brazilian Progress, Says Brazil’s Vice-President
Brazil’s Vice-President, José Alencar, declared that “the interest rate structure in Brazil is an ...
Hurricane Katrina Spares Brazilian Bulls
Latin American markets were mixed to higher on the day, as strength in Brazil ...
Brazil Keeps Key Interest Rates for Third Month at 19.75%
Brazil’s Monetary Policy Committee (Copom) decided, unanimously, for the third straight month, to maintain ...
Latin American Market Bounces Back Led by Brazil
Latin American markets reversed course and turned broadly positive today, following steep declines yesterday. ...
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, ...
Oil Prices Scare Brazilian Investors
Brazilian and Latin American markets declined alongside considerable weakness in U.S. markets. Crude oil ...
Lulas’s Plan to Reshuffle Cabinet Brings Good Tides to Brazil Market
Latin American stocks returned to positive territory. Brazil recovered from yesterday’s decline, in what ...
Brazilian Top Unions Blast Copom for Not Cutting Interest Rates
Brazil’s two biggest labor unions in a note signed by their presidents, have criticized ...
Rumors About Brazil’s Chief of Staff Stepping Down for Corruption Shake Market
Latin American shares witnessed a mixed session, as Brazil turned lower today, following yesterday’s ...
Raising Interest Rates Is Not Working in Brazil
In May and in an effort to contain inflationary pressures for the ninth time ...
