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Brazil's Zero-Deficit Target Unlikely to Survive Slowing Economy

Brazil's Zero-Deficit Target Unlikely to Survive Slowing Economy
bloomberg.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bloomberg.com Daily Mail and Mail on Sunday newspapers.

Rio-de-janeiro , Estado-do-rio , Brazil , United-states , American , Jose-marcio-camargo , Luiz-inacio-lula , Fernando-haddad , Worker-party , President-luiz-inacio-lula , Latin-american , Finance-minister-fernando-haddad

Brazil's Zero-Deficit Target Unlikely to Survive Slowing Economy

Brazil's Zero-Deficit Target Unlikely to Survive Slowing Economy
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

Sao-paulo , Sãpaulo , Brazil , Rio-de-janeiro , Estado-do-rio , United-states , China , Brazilians , Brazilian , American , Jose-marcio-camargo , Fernando-haddad

Brazil central bank holds rates, flags Lula fiscal worries

By Marcela Ayres BRASILIA (Reuters) -Brazil's central bank on Wednesday kept interest rates at 13.75% for the third consecutive policy decision,

Brasilia , Distrito-federal , Brazil , United-states , Brazilian , America , Luiz-inacio-lula , Sam-holmes , Alistair-bell , Jose-marcio-camargo , Marcela-ayres , Reuters

UPDATE 2-Brazil fiscal fears spur more aggressive 150 bps interest rate hike

Brazil's central bank on Wednesday raised interest rates by 150 basis points and signaled another such hike this year, stepping up the world's most aggressive tightening cycle after the government moved to loosen its constitutional spending limit.

Brasilia , Distrito-federal , Brazil , Argentina , Turkey , Sonya-hepinstall , Jose-marcio-camargo , Stephen-eisenhammer , Jair-bolsonaro , Marcela-ayres , Thomson-reuters-trust-principles , Reuters

UPDATE 2-Brazil fiscal fears spur more aggressive 150 bps interest rate hike

Brazil's central bank on Wednesday raised interest rates by 150 basis points and signaled another such hike this year, stepping up the world's most aggressive tightening cycle after the government moved to loosen its constitutional spending limit.

Brasilia , Distrito-federal , Brazil , Argentina , Turkey , Sonya-hepinstall , Jose-marcio-camargo , Stephen-eisenhammer , Jair-bolsonaro , Marcela-ayres , Thomson-reuters-trust-principles , Reuters