Brazil's central bank raised its benchmark interest rate, Selic, by 100 basis points for the second straight meeting last ...

Brazil analysts revised up 12-month inflation expectations to further above the central bank’s goal, even after policymakers ...

Brazil's government on Thursday cut its economic growth forecast for this year to 2.3% amid ongoing monetary tightening and ...

Brasília, Brazil — Brazil’s central bank on Wednesday hiked its key interest rate to 13.25 percent in more bad news for leftist President Luiz Inacio Lula da Silva’s government, which is struggling to ...

Gabriel Galipolo will chair his first interest rate decision as Brazil’s central bank governor on Wednesday with a clear, well-known mission: the board he now presides will raise the benchmark ...

Brazil’s central bank lifted its interest rate by a full percentage point for the second meeting and said the board will do the same at the next decision while leaving their policy options against ...

The bank’s monetary policy committee increased the benchmark rate by a full percentage point to 13.25%.

The Hungarian forint sold off 2% yesterday after a local central banker surprised markets by suggesting Hungary could make preparations to start easing interest rates. Central banks in Eastern ...

BRASILIA (Reuters) - Economists have launched a fresh wave of upward revisions to projections for Brazil's interest rate this year, citing deteriorating inflation expectations, a weaker currency ...

Brazil's jobless rate came in slightly above market expectations in the final quarter of 2024 but reached its lowest yearly ...

After the PT’s collapse in last November’s municipal elections, the Lula government’s austerity measures threaten to pave the ...

Brazil faces rising interest rates, inflation outside the target, and fiscal problems, impacting its economic stability. Read ...