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

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

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

Brazil's central bank on Wednesday hiked its benchmark interest for the sixth consecutive time, citing persistent inflation ...

The Central Bank of Brazil (BCB) has delivered another rate hike, as inflation remains above target and the country’s economy ...

Selic rate raised to 14.75%, highest since August 2006 Policymakers say scenario requires prolonged restrictive policy Economists suggest potential rate pause in June BRASILIA, May 7 (Reuters ...

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.

Brazil's central bank raised interest rates at a slower pace, as consumer prices remain above target and economic growth is expected to slow down.