Brazilian interest rates in the next 24 months expected to rise steadily

Wednesday, January 13th 2021 - 09:14 UTC

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The outlook for Brazilian interest rates over the next two years rose to their highest in several months, a central bank survey of economists showed on Monday, even as exchange rate and inflation expectations held steady. Read full article

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FortHay
In other words, the typical Brazilian is left almost 10% poorer. This is no big deal for the upper crust Brahmins, but the lower the economic status goes, the more this hurts
Jan 13th, 2021 - 04:05 pm - Link - Report abuse 0
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