Brazil's central bank leaves benchmark rate at 14.25% forced by stubborn inflation

Friday, April 29th 2016 - 06:50 UTC

Full article 2 comments

Brazil's central bank left its benchmark interest rate on hold at 14.25% for a sixth consecutive time, amid stubbornly high inflation and political uncertainty. The bank which makes rate decisions eight times a year has held its key Selic rate steady since the last of seven consecutive hikes in July 2015. Read full article

Comments

Disclaimer & comment rules

ChrisR
So inflation has human qualities now?

IF they ever 'discover' what grown up people do with their economies they may get somewhere, but heh, it's LatAm, they are always right even when they are dead wrong.
Apr 29th, 2016 - 11:09 am - Link - Report abuse 0
-+
:o))
In short; “Pay MORE Taxes”
May 03rd, 2016 - 10:08 am - Link - Report abuse 0
-+

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