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Brazil's Productive Sectors Uneasy with Selic Kept at 15%
Summary by Merco Press
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2 Articles
Brazil's productive sectors uneasy with Selic kept at 15%
Brazil's Central Bank's (BCB) Monetary Policy Committee (Copom) decided on Wednesday to maintain the basic Selic interest rate at 15% per annum, which drew long faces among the country's industry, commerce, and trade sectors.
·Caracas, Venezuela, Bolivarian Republic of
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The Minister of Institutional Relations, Gleisi Hoffmann (photo), complained of the decision of the Central Bank’s Committee on Monetary Policy to maintain the basic interest rate by 15% per year for the third meeting. “The decision of the Copom to maintain the Selic rate for the third time in 15% is detrimental to productive investments,...The Post Ata de Gleisi claims to 15%: “Prejudicational to Brazil” appeared first on The Antagnonist.
·São Paulo, Brazil
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Total News Sources2
Leaning Left1Leaning Right0Center0Last UpdatedBias Distribution100% Left
Bias Distribution
- 100% of the sources lean Left
100% Left
L 100%
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