New Age of Low Interest Rates Will Have Positive Effects on Brazil’s Economy

Low interest rates can boost the economy in a similar way to what occurred during the inflation control period after the introduction of the Real Plan.

RIO DE JANEIRO, BRAZIL - Central Bank President Roberto Campos Neto set the tone earlier this month: despite the crisis triggered by the pandemic, Brazil could live with interest rates close to the current level and a more depreciated exchange rate in the coming years if it continues . . .

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