Brazil Central Bank Pledges to Hike Rates to 14.25% by March

Livemint - 11 dicembre 2024

Brazil Central Bank Pledges to Hike Rates to 14.25% by March

Brazil’s central bank increased the benchmark interest rate by a full percentage point and promised to deliver two hikes of the same size in the next two meetings as it rushes to recover investor confidence and tame inflation expectations.

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