Brazil Central Bank Holds Interest Rate as Tariffs Loom

Brazil Holds Interest Rate at 15% on High Inflation, Tariff Uncertainty

Brazil’s central bank held its key interest rate unchanged, pausing a monetary tightening cycle to observe its effects on above-target inflation just hours after Donald Trump delayed the implementation of punishing tariffs.

Brazil Central Bank Pauses Tightening After Seven Straight Hikes

Brazil Central Bank holds interest rate as tariffs loom

Brazil Central Bank holds interest rate after seven straight hikes

Brazil's Central Bank on Wednesday held its benchmark interest rate steady at 15 percent after seven straight hikes that had angered leftist President Luiz Inacio Lula da Silva. Lula has argued high interest rates stifle growth.