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A monetary tightening cycle that took Brazil's benchmark interest rate to a nearly two-decade high has ended, central bank director Nilton David said Tuesday, adding that its next move will likely be a cut....
Brazil's top financial regulator was warned for years that Banco Master SA, which was liquidated this week amid allegations of fraud, was expanding at an alarming pace while holding opaque assets....
Brazil's central bank said it's more assured that keeping the interest rate at a nearly two-decade high will slow inflation as the local economy cools, according to the minutes of last week's policy decision....
Brazil's central bank is applying too strong a dose of tough monetary medicine in its fight against inflation, hurting the economy and hampering government plans to limit public debt, according to the country's finance chief....
Finance chief Fernando Haddad says 'very restrictive' interest rates are contributing to Brazil's debt problems, and that it's time for the central bank to start signaling plans to ease. (Source: Bloomberg)...
Brazil's central bank unveiled a new set of rules for financial institutions on Monday, the latest step toward strengthening a system that's faced a slew of probes into its fintech firms in recent months....
Brazil's central bank could delay its long-awaited interest rate cuts further into 2026 given the institution is waging a solo fight against inflation, according to economists and former policymakers....
Brazil's central bank said economic growth will slow through the rest of this year and all throughout 2026 as interest rates at nearly a two-decade high start to grind on activity....