International Finance: Brazil’s Biggest Hike in Two Decades Signals Rate Above 10% Soon

Brazil delivered the biggest interest rate hike in nearly two decades and pledged an equally large rise in December, warning that the erosion of public finances risks propelling inflation further above target.

2021-10-28 07:48:00 AM

Brazil delivered the biggest interest rate hike in nearly two decades and pledged an equally large rise in December, warning that the erosion of public finances risks propelling inflation further above target.

Brazil delivered the biggest interest rate hike in nearly two decades and pledged an equally large rise in December, warning that the erosion of public finances risks propelling inflation further above target.

Read more: Daily Maverick »

LIVESTREAM: Police Minister testifies at SAHRC hearings

The Human Rights Commission hearings into the July unrest continues on Friday.