Brazil leaves basic interest rate unchanged at 11%; no surprises expected ahead of October election

Friday, July 18th 2014 - 07:45 UTC

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Brazil held interest rates unchanged for a second straight time this week but did not commit to keeping them stable for long as inflation remains high in Latin America's top economy. The Brazilian economy performance is anemic and next October president Dilma Rousseff is bidding for re-election. Read full article

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ChrisR
So the fix is in for Dilma: what a surprise.
Jul 18th, 2014 - 12:19 pm - Link - Report abuse 0
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Jack Bauer
For the good of Brazil , Dilma and her cronies, have to be kicked out. The country can't afford another 4 years of blatant incompetence and widespread corruption, most of it practised by high-ranking members of the government and the PT .
Jul 18th, 2014 - 04:39 pm - Link - Report abuse 0
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