Brazil's central bank raised interest rates by 50 basis points on Wednesday in a sixth straight hike that pushed borrowing ...

Brazil’s central bank said on Tuesday it sees clear signs that its aggressive monetary tightening cycle is working, with the ...

The bank raised its Selic benchmark to 14.75% from 14.25%, after three consecutive full-point increases.

Brazil’s annual inflation picked up roughly in line with forecasts last month, offering little relief to central bankers who ...

This was the sixth increase in a row. The rate is at its highest level since August 2006, when it was also at 14.75 percent.

Copom, lifted the Selic policy rate to 13.25% in a unanimous decision, the first under new central bank Chief Gabriel Galipolo,appointed by President Lula da Silva Brazil's central bank raised its ...

Board members led by Gabriel Galipolo unanimously lifted the Selic to 14.75% on Wednesday, as expected by nearly all ...

(Reuters) -Brazil's central bank has left the size of its upcoming interest rate hike in May open and remains unable to gauge it, citing a still-uncertain economic outlook and inconclusive signs ...

Brazil recorded a low unemployment rate of 6.5% between November and January, and growth of 3.4% in 2024 -- its best performance since 2021. Likewise, Lula managed to appoint the new Central Bank ...

BRASILIA (Reuters) -Brazil's central bank raised interest rates by 50 basis points on Wednesday in a sixth straight hike that pushed borrowing costs to their highest in nearly 20 years ...