Tag: Brazil SELIC rate hike
RIO DE JANEIRO, BRAZIL - The International Monetary Fund (IMF) is holding its regular Spring Meeting, which occurs in early April each year. Because of the Covid-19 pandemic, the Brazilian minister will not attend the meeting but sent a...
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...