News stories by Daniel Leigh
Explaining Strong Credit Growth in Brazil Despite High Policy Rates
- Inter Press Service
WASHINGTON DC, October 21 (IPS) - At 15 percent, Brazil’s monetary policy interest rate (called Selic) is one of the highest among major economies. Yet in 2024, bank credit grew by 11.5 percent and corporate bond issuance rose by 30 percent.
Powered by
