Brazil leaves Selic rate unchanged at 14.25%; inflation the target but with no timetable

Thursday, October 22nd 2015 - 07:09 UTC

Full article 2 comments

Brazil's central bank kept interest rates on hold on Wednesday, for a second straight month despite a jump in inflation expectations. The decision not to raise rates will give a breather to President Dilma Rousseff, who is fighting for her political survival amid the country's worst economic and political crisis in 25 years. Read full article

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Brasileiro
Low, low, low, low

Less, less, less

Lost, lost, lost

Lol, lol, lol

Love changes...
Oct 22nd, 2015 - 02:18 pm - Link - Report abuse 0
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ChrisR
This is not the way to encourage business to expand.

It is the way to smash any hope of a recovery in the medium term.

No hope in the short term at all.

Shoot DumbAss and The Chief Crook,
Oct 22nd, 2015 - 08:32 pm - Link - Report abuse 0
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