Tag: Brazil interest rates
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...
