Tag: interest rates

Brazilian Industry Blames High Interests for Slow Growth

Moderate industrial sector growth in the second half is what Brazil can expect, says ...

Brazil’s Industry Leader Calls Interest Rates ‘Absurd’

As the Brazilian Central Bank released the minutes of the last meeting of the ...

Lula and Minister Bet Interest Rates in Brazil Will Fall Soon

Brazil’s Minister of Development, Industry, and Foreign Trade, Luiz Fernando Furlan, stated his belief ...

Lula Talks About Cuts in Interest and Market Soars in Brazil

Latin American markets continued to power higher alongside modest strength from the U.S. A ...

Brazilian Industry Wants Urgent Reduction of Interest Rates

Brazil’s two biggest industrial trade associations,  did not like the decision by the Monetary ...

Brazilian Top Unions Blast Copom for Not Cutting Interest Rates

Brazil’s two biggest labor unions  in a note signed by their presidents,  have criticized ...

A First in 10 Months: Brazil Leaves Interest Rates Alone

Brazil’s basic interest rate (known as the Selic), has risen steadily since September of ...

Raising Interest Rates Is Not Working in Brazil

In May and in an effort to contain inflationary pressures for the ninth time ...

Lula Blames Inflation on Brazil’s High Interest Rates

Brazilian President Luiz Inácio Lula da Silva said today that his Administration wants interest ...

A Map to Lower Brazil’s Interest Rates from 19.5% to 4%

One of the goals established in the Strategic Map of Industry, released Tuesday, April ...