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

Thursday, November 28th 2013 - 11:45 UTC
Full article 2 comments

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
  • 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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