Brazil's Copom further lowers Selic interest rate in line with market expectations

Thursday, March 21st 2024 - 09:41 UTC

Full article 1 comment

Brazil's Monetary Policy Committee (Copom) announced Wednesday that it was further cutting the economy's basic interest rate known as Selic by 0.5 percentage points to 10.75% per year, Agencia Brasil reported. Read full article

Comments

Disclaimer & comment rules

Brasileiro
I join in with Ms. Juvandia Moreira. The current president of Bacen is a neoliberal economist whose personal goal is to enrich the parasitic rentier who earns 100 billion dollars a year without lifting a finger, sitting in an armchair smoking a Cuban cigar and belching the caviar he had for lunch.

President Lula's government will appoint another CEO of BACEN at the end of this year. It will be a great opportunity to change the path of our capital market, putting it at the service of Brazil's production and development.
Mar 21st, 2024 - 11:53 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!