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Tag: Interest Rates

News

13,7% Interest rate Brazil criticized

March 26, 2023

New Measures expected eyesonbrasil Amsterdam, 26 March 2023– Brazilian President Luiz Inacio Lula da Silva criticized on Tuesday the country’s central bank, saying that an interest rate of 13.75% – its current level – is “irresponsible,” adding he will continue to fight the current level to stimulate the economy. Brazil’s central bank has been holding…
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Banco Central do Brasil

Containing 2022 inflation

June 19, 2021

Interest rates in Brazil need to stay high.   The hope that the rise in inflation was temporary, has passed,” says Nóbrega.  AF . Amsterdam, June 18 2021–Former Brazilian Finance Minister Maílson da Nóbrega (Jan. 6 1988 – March 18, 1990) under President José Sarney has pointed out that the country needs to keep interest…
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