News stories by Rui Xu

  1. 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.

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  • Inter Press Service International News Agency
  • UN News