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Tag: Central Bank

Projection for Brazil’s Growth Shrinks Now to a Paltry 0.33%

According to estimates from financial institutions polled weekly by the Brazilian Central Bank (BC), ...

Brazil’s Central Bank Frees US$ 11 Billion to Spur Economy

The Central Bank of Brazil (BC) announced Wednesday, August 20, a range of initiatives ...

Experts Lower Brazil’s GDP Growth Expectation to 1.91%

The economy of Brazil is expected to grow 1.91% this year. The forecast is ...

Brazil, a Giant with Too Much Fat and Too Little Muscle

Brazil, the largest economy in Latin America, is in dire need of structural reforms ...

Brazil Cuts Key Rate to Record Low to Jumpstart Economy

The Brazilian central bank on Wednesday slashed its interest rate for the 10th time ...

Brazil’s Timid Interest Rate Cut Doesn’t Please Industry or Workers

Brazil Central Bank’s Monetary Policy Committee (Copom) surprised the market at the end of ...

Brazil’s Foreign Reserves Cross US$ 300 Bi Mark. A Costly Venture for Government

For the first time ever, Brazilian reserves surpassed the symbolic mark of US$ 300 ...

Brazil Leaves Basic Rate at 10.75%, Hinting It Will Go Up in January

Brazil kept it benchmark overnight banking rate unchanged after curbs on credit allowed central ...

Greece Is Today What Brazil Used to Be, Says Central Bank Chief

Henrique Meirelles, the president of Brazil’s Central Bank, says the present crisis in Greece ...

Decision of Brazil’s Central Bank Chief to Stay Gives the Real a Boost

The real, the Brazilian currency, rose to a three-week high as central bank President ...