• 11/11/2024

Brazil’s Central Bank Cuts Selic to 13.25%

Wall Street Journal

Brazil’s central bank cut its benchmark interest rate by half a percentage point, the first change to the rate in a year, and said it could be the first of a series of cuts meant to substantially reduce one of the world’s highest interest rates.

https://www.wsj.com/articles/brazils-central-bank-cuts-selic-to-13-25-3fbb872b