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Brazil central bank expected to raise interest rates this week for third time running

Monday, January 19th 2015 - 07:10 UTC
Full article 2 comments

Brazil's central bank is expected to raise interest rates for a third straight meeting this week to quell any doubts about its commitment to ending years of high inflation. Read full article


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  • ChrisR

    Bust and mini-boom followed by bust is coming again to third world Brazil.

    I saw it first in 2011 and it really hasn't gone away.

    I think ‘Tromboni’ needs to keep his mouth firmly shut: he has the same touch about him as The Liar Mantega. Every time he opened his mouth everything turned to crap.

    DumbAss Dilma got rid of the young economist who knew what to do just to salve Mantega's ego: I said then that it was a mistake and here we are again.

    Why is the Southern Cone so redolent with these so called ‘economists’ who do nothing but create disaster after disaster, do they not have experienced managers within their midst? I suppose they must have but these people will have more sense than to get mixed up with corrupt politicians.

    Jan 19th, 2015 - 07:38 pm - Link - Report abuse 0
  • Jack Bauer

    Selic at 12,5% ?? Gooooood news !!

    Jan 19th, 2015 - 07:51 pm - Link - Report abuse 0

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