Brazil determined to fight inflation raised its benchmark interest rate to 10%

Thursday, November 28th 2013 - 11:45 UTC

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As was anticipated Brazil raised its benchmark interest rate to 10% from 9.5% on Wednesday lifting borrowing costs back to double-digit territory to battle high inflation in Latin America's largest economy. Read full article

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yankeeboy
How in the heck to these idiots go into Stagflation all the time.
Sheesh will they ever learn?
Nov 28th, 2013 - 10:44 pm - Link - Report abuse 0
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ChrisR
@ 1 yankeeboy
“Sheesh will they ever learn?”

They don't even understand what the question is, so no, they will never learn.
Nov 29th, 2013 - 09:19 pm - Link - Report abuse 0
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