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Tag: brazil fiscal cap

RIO DE JANEIRO, BRAZIL - Brazil, along with Turkey and Russia, is part of the group of the first emerging economies forced to raise interest rates in the wave of global reflation caused by the ultra-expansionist fiscal and monetary...
RIO DE JANEIRO, BRAZIL - Brazil’s Senate passed on Thursday, March 4th, a constitutional amendment letting the government extend emergency pandemic aid to poor Brazilians, while keeping costs within its spending cap. The government said it plans a monthly stipend...
RIO DE JANEIRO, BRAZIL - The Federal Reserve Bank's decision to print money was taken to counter the economic recession effects triggered by the covid-19 pandemic. In parallel, the interest rate was lowered and is now close to zero. When...
RIO DE JANEIRO, BRAZIL -  The Central Bank Monetary Policy Committee (COPOM) has held the SELIC rate at 2% a year for four meetings so far.  But should it depend on the expectations of a significant part of the...
RIO DE JANEIRO, BRAZIL - The announcement, made on Wednesday, January 20th, is in line with the financial market's expectations, despite inflationary pressures. It is the third consecutive time that the collegiate body has decided to maintain the level...

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