Tag: Brazilian elections

• Tuesday, October 16th 2018 - 08:38 UTC

  Paulo Guedes the ultra-liberal economic advisor of an ultra-populist nationalist

  

  After getting out of its most severe recession in history in 2017, Brazil remains in a state of economic malaise, notching up a mere 1% of growth last year, with public debt forecast to snowball from 77% of GDP to 140% by 2030, according to the World Bank.

• Thursday, September 20th 2018 - 08:37 UTC

  Brazil leaves interest rates unchanged, as long as inflation remains in target range

  

  The Brazilian central bank on Wednesday held interest rates at an all-time low despite a currency selloff, as widely anticipated, but said it could “gradually” raise them in the future if inflation expectations spike.