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BRASILIA -The Brazilian economy ended the third quarter in negative territory, central bank data showed on Friday, reversing a performance that had been surprisingly positive due to a booming farming... -November 17, 2023 at 07:38 am EST - MarketScreener
Brazil's Central Bank left its benchmark interest rate unchanged but softened its tone regarding further efforts to slow inflation. The bank's monetary policy committee, Copom, left the key Selic rate at 13.75%, where it has stood since August after a series of consistent rate hikes aimed at slowing inflation.
By Jeffrey T. Lewis SÃO PAULO--The Brazilian government's proposal to limit spending increases and to balance its primary budget next year while also increasing funding to help the country's poorest residents is a step in the right direction, desp... | Mar. 30