Brazil's central bank steps up tightening with 100 basis-point rate hike, signals more of the same
Brazil's central bank raised interest rates by 100 basis points on Wednesday, doubling the pace of tightening to tackle mounting inflationary pressures, including robust economic activity and a weaker currency amid fiscal concerns.
BRAZIL: Goldman Sachs Now Expects 100bp Selic Rate Hike Tomorrow
Following today’s IPCA inflation data, Goldman Sachs says that a strong frontloaded monetary response is needed. They now expect the Copom to deliver a 100bp rate hike to 12.25% on Wednesday, above their previous expectation for a 75bp move.
Brazil's Central Bank Raises Key Rate To 12.25%
Brazil's central bank on Wednesday lifted its key interest rate one point to 12.25 percent and warned more hikes were likely to come as it sought to contain high inflation.
Brazil central bank to step up rate hike campaign on Dec. 11
The Brazilian central bank will step up its campaign to raise interest rates with a big 75 basis point hike on Dec. 11, possibly also hinting at more restrictive monetary policy next year, a Reuters poll showed.
Brazil's central bank raises benchmark interest rate to 12.25 pct
The Monetary Policy Committee Copom of Brazil central bank decided on Wednesday to increase the benchmark Selic interest rate from 1125 percent to
Brazil’s Central Bank Intensifies Pace of Interest-Rate Increases
The steepening sequence of interest-rate increases contrasts with most other central banks, including the U.S. Federal Reserve, which are cutting rates.
Brazil's central bank hikes more than expected, signals more tightening ahead
Brazil's central bank raised interest rates by a greater-than-expected 100 basis points on Wednesday and pointed to matching hikes for the next two meetings, signaling a shift to a new government-named governor will not weaken its determination to battle inflation.
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Brazil's Central Bank increases basic interest rate to 12.25% per year
The Monetary Policy Committee (Copom) unanimously raised the Selic rate, the economy's benchmark interest rate, by 1 ...
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Brazil's Copom raises Selic rate to 11.25%
The Monetary Policy Committee (Copom) of Brazil's Central Bank (BCB) Wednesday agreed unanimously to increase the economy's basic interest rate known as Selic by 0.5%age points to 11.25% per year ...
Brazil Delivers Jumbo Rate Hike and Cues More in Powerful Move
Brazil’s central bank lifted its key interest rate by one percentage point and surprised investors by promising two more hikes of the same size, its strongest move yet to recover investor confidence ...
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MNI BCB WATCH: Rates Headed Above 14%, Destination Unclear
The Central Bank of Brazil indicated a further 200 basis points increase in its official Selic rate after a 100 basis-point hike to 12.25% Wednesday, though it did not specify whether 14.25% would be ...