Brazil central bank hikes interest rate
Brazil central bank hikes rates by 100 bps, confirms same in March
Brazil's central bank raised its benchmark interest rate by 100 basis points for the second straight meeting on Wednesday and signaled another hike of that size in March, leaving the door open for subsequent moves amid mounting inflationary pressures.
Brazil Central Bank Will Extend Interest Rate Hikes With Galipolo Fully in Charge
Gabriel Galipolo will chair his first interest rate decision as Brazil’s central bank governor on Wednesday with a clear, well-known mission: the board he now presides will raise the benchmark interest rate by a full percentage point for the second straight meeting.
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