MercoPress, en Español

Montevideo, May 23rd 2022 - 14:32 UTC



Brazil leaves key interest rate unchanged at 14.25% for the fifth time running

Thursday, March 3rd 2016 - 05:03 UTC
Full article 1 comment

Brazil's central bank kept interest rates on hold on Wednesday as widely expected, opting to avoid inflicting more harm on an economy mired in its worst recession in decades despite a surge in inflation. In a split vote, the bank's monetary policy committee, Copom, kept its benchmark Selic rate at 14.25% for the fifth straight time. Read full article


Disclaimer & comment rules

Commenting for this story is now closed.
If you have a Facebook account, become a fan and comment on our Facebook Page!