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By Lise Alves, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – Financial institutions in Brazil have increased their forecast for the country’s inflation (IPCA) this year, from 4.11 percent to 4.15 percent, according to the latest Focus Bulletin, released by...
By Lise Alves, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – Overcoming the negative effects caused by the eleven-day truckers strike in May, Brazil’s industrial production registered a growth of 13.1 percent in June according to data from the Monthly...
By Lise Alves, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – Despite the continuing low inflation rate, the recent strong devaluation of the Brazilian currency and decreasing economic activity, Brazil’s Monetary Policy Committee (COPOM) surprised the market and announced on...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Brazil’s Central Bank (BC) announced on Wednesday it was lowering the country’s benchmark interest rate (Selic) for the eleventh consecutive time, by 0.25 percentage point, from 7 percent to 6.75...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Brazil’s Central Bank (BC) lowered the country’s benchmark interest rate (SELIC) on Wednesday by 0.5 percentage points, to seven percent per year, the lowest level since 1986. This is the...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Brazil’s Central Bank lowered the country’s benchmark interest rate (SELIC) for the ninth consecutive time on Wednesday. The Monetary Policy Committee (COPOM) decided unanimously to lower the SELIC by 0.75...
By Lise Alves, Senior Contributing Reporter SAO PAULO, BRAZIL - Brazil's Central Bank (BC) lowered the country's benchmark interest rates (Selic) for the seventh consecutive time on Wednesday, to 9.25 percentage points per year. With the one percentage point decrease...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The Central Bank (CB) of Brazil lowered the country’s benchmark interest rate (SELIC) by one percentage point on Wednesday, to the lowest level since January of 2014. The decrease, expected...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – As predicted by economists, Brazil’s Central Bank lowered the country’s benchmark interest rate (SELIC) for the fifth consecutive time on Wednesday. The Bank’s Monetary Policy Committee (COPOM) decided unanimously to...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The Brazilian Central Bank’s Monetary Policy Committee (COPOM) announced on Wednesday evening it was lowering its benchmark interest rate (Selic) by 0.75 percentage points, to 12.25 percent, the lowest level...
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