Brazil’s central bank warns of prolonged rate-hike cycle amid rising inflation concerns
Tuesday, 12 November 2024 () Brazil’s central bank has issued a stark warning regarding the possibility of a prolonged cycle of interest rate hikes, emphasizing that inflation expectations could delay economic recovery and hinder stability. This concern has arisen due to rising inflation forecasts, as well as mounting pressures from fiscal challenges, which have raised questions about the country’s ability […]
Tuesday, 12 November 2024 ()
Brazil’s central bank has issued a stark warning regarding the possibility of a prolonged cycle of interest rate hikes, emphasizing that inflation expectations could delay economic recovery and hinder stability. This concern has arisen due to rising inflation forecasts, as well as mounting pressures from fiscal challenges, which have raised questions about the country’s ability […]