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Montevideo, January 23rd 2022 - 15:16 UTC

Tag: Auxilio Brazil

  • Saturday, October 23rd 2021 - 09:34 UTC

    Brazil's Guedes pushing for higher interest rates to contain inflation

    Next week the Brazilian central bank Copom will be meeting and a full percentage point increase is expected by financial markets

    Brazilian orthodox Economy minister Paulo Guedes has not resigned and has no intention of resigning despite the fact he will have to live with the exceptional expenditure of some 45bn Reais, as part of the Auxilio Brazil support program for vulnerable families and president Jair Bolsonaro's 2022 reelection plan.