Brazil Cuts Selic Rate to 14% in Fourth Straight Move, Warns of Global Risks
Economy

Brazil Cuts Selic Rate to 14% in Fourth Straight Move, Warns of Global Risks

Brazil's central bank trimmed its benchmark interest rate by a quarter-point to 14%, the lowest in over a year, but caut...

Niamh O'Sullivan 👁 3 💬 0
Brazil holds world’s highest real interest rate even after new Selic cut to 14%
Economy

Brazil holds world’s highest real interest rate even after new Selic cut to 14%

A quarter-point reduction was not enough to dethrone Brazil from the top of the global real-rate ranking, as elevated in...

Niamh O'Sullivan 👁 3 💬 0