Brazil's central bank announced a 50 basis point interest rate hike to 13.75 percent


2022-08-04: [Chinese Article Link] On August 3, in São Paulo, the Central Bank of Brazil’s Monetary Policy Committee (Copom) announced an increase of 50 basis points on the evening of 3 local time, raising the country’s benchmark rate from the current 13.25 per cent to 13.75 per cent. Between August 2020 and March 2021, Brazil maintained


Note: This is a machine translated version of the Chinese news media article. A mature and nuanced reading is suggested.




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Brazil's central bank announced a 50 basis point interest rate hike to 13.75 percent


2022-08-04: [Article Link] On August 3, in São Paulo, the Central Bank of Brazil’s Monetary Policy Committee (Copom) announced an increase of 50 basis points on the evening of 3 local time, raising the country’s benchmark rate from the current 13.25 per cent to 13.75 per cent. Between August 2020 and March 2021, Brazil maintained

Note: This is a translated version of the Chinese news media article. A mature and nuanced reading is suggested.

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