Tag: Brazil interest rates
RIO DE JANEIRO, BRAZIL - Without much fanfare, Bank Santander Brazil (SANB11) increased its interest rate for real estate financing. The news appeared on the website on Tuesday (13) and shows that the interest rate has increased to 7.99%...
RIO DE JANEIRO, BRAZIL - Brazil’s Central Bank delivered its third consecutive benchmark interest rate increase of 75 basis points on Wednesday and raised the specter of larger hikes ahead, as it returns to “neutral” rates, dropping plans for...
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 - (Bloomberg) Brazil traders have begun to bet the central bank may deliver the most aggressive interest rate hike since 2010 as the sell-off in local assets deepened amid growing concern about the country’s fiscal...
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 outlook for Brazilian interest rates this year rose to its highest since last May, a central bank survey of economists showed on Wednesday, February 17th, with sticky inflation and a fragile fiscal outlook...
By Jaylan Boyle, Contributing Reporter
RIO DE JANEIRO - The government plans to introduce a new tax on savings of approximately 22 percent by January of next year, announced Finance Ministry Economic Policy Secretary Nelson Barbosa on September 15.
The proposal...
