Brazil's central bank held its benchmark interest rate steady on Wednesday, pausing an aggressive tightening cycle after ...

On Wednesday, Brazil’s Central Bank opted to maintain the benchmark Selic interest rate at 15 percent, ending a streak of ...

Brazil's central bank held its benchmark interest rate steady on Wednesday, pausing an aggressive tightening cycle after ...

Brazil central bank’s strategy to keep interest rates high for a prolonged period will be put to the test by the 50% tariffs ...

Brazil’s Central Bank interrupts the cycle of Selic rate increases after seven hikes. The decision was influenced by falling ...

After seven consecutive hikes, the bank kept the Selic rate at 15% as signs of an economic slowdown emerge.

The Pix instant payment system is used by nearly everyone in Brazil, from street vendors to major retailers. In a recent ...

Brazilian banks are scrambling to assess the domestic fallout from sweeping U.S. sanctions against a Supreme Court justice ...

Brazil central bank is likely to keep its base Selic interest rate on hold at 15.% on July 30, keeping its tightest monetary ...

Brazil central bank slashed their 2026 inflation projection for the first time in over two months, in what may be a positive ...

Brazil has a new instant payment system, which is backed by the central bank. It is called Pix. Majority of Brazilians are ...

The central bank raised its inflation forecast for 2025 to 5.2%, up from 4.5% previously, well above its target of 3%.