Brazil holds interest rate at record low

central-bank-brazil

The Brazilian central bank’s monetary policy committee left its benchmark interest rate unchanged at 6.5% on September 19.

The decision to maintain the record low rate comes amid continued political and fiscal uncertainty, sluggish economic growth, slow inflation and a weak currency.

The monetary policy committee “reiterates that economic conditions still prescribe stimulative monetary policy, with interest rates below the equilibrium level”, it says in its policy statement.

Inflation

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: