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…
We haven't written up this one. Agencia Brasil has the full story — the link below goes straight to it.
