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Brazil’s Central Bank keeps benchmark interest rate at 13.75% per year

Agencia BrasilBrazil

Brazil’s Central Bank keeps benchmark interest rate at 13.75% per year

Brazil’s Central Bank Monetary Policy Committee (Copom) unanimously decided to keep the Selic, the country’s benchmark interest rate, unchanged at 13.75 percent per year. In a statement, the bank reported that uncertainties had increased in recent weeks and that inflation expectations remained above target. The committee provided no indication of the likely direction of interest rates at upcoming meetings. Notícias relacionadas:IMF: Brazil expected to regain 8th-largest economy ranking by 2027.Brazil’s September inflation stands at 0.82%.“The current context - characterized by a significantl

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