Tag: SELIC rate

By Sarah Brown, Contributing Reporter RIO DE JANEIRO, BRAZIL - Research from Banco Central (BC, or Central Bank of Brazil) shows that the projected growth of GDP has fallen, while forecasts for inflation rates has increased, indicating a persistent decline...

By Maria Lopez Conde, Senior Contributing Reporter SÃO PAULO, BRAZIL – Economists from a range of financial institutions have lowered their economic growth forecasts for Brazil this year, predicting a weak GDP but also lower inflation than previously expected, according...