Brazil’s central bank is likely to keep raising interest rates and take the Selic benchmark rate to 15% this year, according ...

Few countries have been hit harder by the soaring dollar and U.S. bond yields than Brazil. But the country has one thing ...

Brazil's central bank will raise its benchmark interest rate by 100 basis points on Jan. 29, with more to increases follow, ...

Brazil’s central bank is reinforcing its pledges of two more full percentage point hikes, amid a more adverse scenario where ...

Spending by foreign tourists increased by 6.28 percent in 2024 compared to 2023. This growth can be attributed to a 12.6 ...

What Happened: The Brazilian real has dropped nearly 22% against the U.S. dollar this year, according to Bloomberg. The country’s central bank, which spent some $20 billion in reserves over the ...

BRASILIA - After months of rancor, ties between President Luiz Inacio Lula da Silva and Brazil's central bank look poised for an era of sweetness and light - which is precisely what worries some ...

On Monday (Dec. 30), President Luiz Inácio Lula da Silva formally signed Gabriel Galípolo´s instrument of appointment as the new president of Brazil´s Central Bank for the 2025-2028 term ...

But the risks are squarely tilted to the upside." The central bank of Brazil has been dealing with a complex economic environment characterized by strong economic activity, a strained labor market ...

BRASILIA (Reuters) - After months of rancor, ties between President Luiz Inacio Lula da Silva and Brazil's central bank look poised for an era of sweetness and light - which is precisely what ...