Brazil Interest Rates at Two-Year-High: Daily

By William Jones, Contributing Reporter

RIO DE JANEIRO, BRAZIL – The Brazilian Central Bank has raised interest rates to a two-year high in a bid to control growing inflation. The organ signaled to the country’s banks that it is ready to stop its aggressive monetary policy with this being its final increase.

The Central Bank has raised interest rates for the ninth time in a row following an increase in inflation and especially food prices. Current interest rates stand at eleven . . .

To read the full NEWS and much more, Subscribe to our Premium Membership Plan. Already Subscribed?