Published 2 years ago

Brazil’s Central Bank Raises Selic Lending Rate to 13.75%, Considers Increase in September

Summary by Wall Street Journal

Brazil’s central bank raised its benchmark interest rate as expected Wednesday, the 12th consecutive time, and said it would consider another rate increase at its next meeting in September.

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At the 12th straight high, BC raises interest rates to 13.75% a year, the highest level since 2017

The Copom (Monetary Policy Committee) of the BC (Central Bank) unanimously decided today to raise the economy's basic interest rate (Selic) by 0.5 percentage point. As a result, the index went from 13.25% to 13.75% a year - the highest level since the re

2 years ago·Brazil

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Wall Street Journal

Brazil’s Central Bank Raises Selic Lending Rate to 13.75%, Considers Increase in September

Brazil’s central bank raised its benchmark interest rate as expected Wednesday, the 12th consecutive time, and said it would consider another rate increase at its next meeting in September.

2 years ago·New York, United States

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Diario de Pernambuco

Copom raises Selic rate to 13.75% a year

The Monetary Policy Committee (Copom) of the Central Bank announced, at 6:30pm this Wednesday (3), the increase of 0.50 points in the b rate

2 years ago·Recife, Brazil

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Correio Braziliense

Copom raises Selic rate to 13.75% a year

The Central Bank's Monetary Policy Committee (Copom) announced a further increase of 0.50 percentage point and reported that further increases of smaller magnitude are expected

2 years ago·Brasília, Brazil

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Radio Guaíba

Central Bank raises Selic rate by 0.5 percentage point to 13.75% a year — Rádio Guaíba

The Monetary Policy Committee (Copom) announced, in the late afternoon of Wednesday, the increase in the basic interest rate by 0.5 percentage point, from 13.25% to 13.75% a year. The decision was unanimous, and it is the 12th consecutive time that interest rates have been high. The last time the rate was at the level [...]

2 years ago

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Metrópoles

Copom raises Selic to 13.75% a year, the highest level since 2017

The increase this Wednesday (3/8) is the 11th consecutive. The change in the basic interest rate is the main instrument for tackling inflation

2 years ago

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Brazil’s Central Bank Raises Selic Lending Rate to 13.75%, Considers Increase in September

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At the 12th straight high, BC raises interest rates to 13.75% a year, the highest level since 2017

At the 12th straight high, BC raises interest rates to 13.75% a year, the highest level since 2017

Brazil’s Central Bank Raises Selic Lending Rate to 13.75%, Considers Increase in September

Brazil’s Central Bank Raises Selic Lending Rate to 13.75%, Considers Increase in September

Copom raises Selic rate to 13.75% a year

Copom raises Selic rate to 13.75% a year

Copom raises Selic rate to 13.75% a year

Copom raises Selic rate to 13.75% a year

Central Bank raises Selic rate by 0.5 percentage point to 13.75% a year — Rádio Guaíba

Central Bank raises Selic rate by 0.5 percentage point to 13.75% a year — Rádio Guaíba

Copom raises Selic to 13.75% a year, the highest level since 2017

Copom raises Selic to 13.75% a year, the highest level since 2017

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