Brasília, Brazil — Brazil’s central bank on Wednesday lifted its key interest rate one point to 12.25 percent and warned more hikes were likely to come as it sought to contain high inflation. The decision by the bank’s COPOM monetary committee came a day after the country posted an annualized inflation rate of 4.87 percent
Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.