Brazil's central bank held its benchmark interest rate steady on Wednesday, pausing an aggressive tightening cycle after ...

Brazil’s Central Bank interrupts the cycle of Selic rate increases after seven hikes. The decision was influenced by falling ...

Brazil central bank’s strategy to keep interest rates high for a prolonged period will be put to the test by the 50% tariffs ...

Brazil has a new instant payment system, which is backed by the central bank. It is called Pix. Majority of Brazilians are ...

Brazil's Central Bank on Wednesday held its benchmark interest rate steady at 15 percent, citing "uncertainty" as the United ...

The Pix instant payment system is used by nearly everyone in Brazil, from street vendors to major retailers. In a recent ...

Brazil's central bank will hold its benchmark interest rate at a two-decade high of 15% on July 30, according to a unanimous ...

Private economists polled weekly by Brazil's central bank trimmed their 2026 inflation outlook for the first time in over two ...

Brazil central bank is likely to keep its base Selic interest rate on hold at 15.% on July 30, keeping its tightest monetary ...

Launched by the Central Bank of Brazil, this system is now used more than credit cards and cash. Its popularity is so great that WhatsApp had to abandon a payment system it wanted to launch locally.

(Bloomberg) -- With Brazil’s monetary policy under attack from President Luiz Inacio Lula da Silva, central bank chief Roberto Campos Neto did what he used to do as a trader, and took a calculated ...

Brazil’s central bank lifted its benchmark interest rate by 75 basis points and promised another hike of the same magnitude in June as it moves to bring inflation forecasts back down to target ...