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By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Brazil’s Central Bank (BC) lowered the country’s benchmark interest rate (SELIC) on Wednesday by 0.5 percentage points, to seven percent per year, the lowest level since 1986. This is the...
By Nelson Belen, Contributing Reporter SÃO PAULO, BRAZIL - Positive signs are being shown in São Paulo's residential real estate market according to just-released data from the São Paulo Housing Association (Secovi-SP). From January to September period, a report...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Brazil’s Central Bank lowered the country’s benchmark interest rate (SELIC) for the ninth consecutive time on Wednesday. The Monetary Policy Committee (COPOM) decided unanimously to lower the SELIC by 0.75...
By Lise Alves, Senior Contributing Reporter SAO PAULO, BRAZIL - Brazil's Central Bank (BC) lowered the country's benchmark interest rates (Selic) for the seventh consecutive time on Wednesday, to 9.25 percentage points per year. With the one percentage point decrease...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The Central Bank (CB) of Brazil lowered the country’s benchmark interest rate (SELIC) by one percentage point on Wednesday, to the lowest level since January of 2014. The decrease, expected...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – As predicted by economists, Brazil’s Central Bank lowered the country’s benchmark interest rate (SELIC) for the fifth consecutive time on Wednesday. The Bank’s Monetary Policy Committee (COPOM) decided unanimously to...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The Brazilian Central Bank’s Monetary Policy Committee (COPOM) announced on Wednesday evening it was lowering its benchmark interest rate (Selic) by 0.75 percentage points, to 12.25 percent, the lowest level...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Although still very dependent on inflation behavior and economic activity in the months ahead, Brazil’s Central Bank (CB) has indicated that it plans to continue to cut aggressively the country’s...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The Central Bank of Brazil’s Monetary Policy Committee (COPOM) announced on Wednesday evening it was lowering its benchmark interest rate (Selic) by 0.75 percentage points. The Selic now stands at...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The Central Bank (CB) of Brazil forecasts that this year’s inflation will reach 6.5 percent, within the upper limit of the government’s established target (center at 4.5 percent). According to...
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