Brazil’s growth surge clouded by high rates and inequality
Views: 4 Brazil’s economy is experiencing a period of robust growth, but this success is accompanied by a series of challenges, mostly high borrowing costs which continue denting consumption among many Brazilians. The country’s central bank, Banco Central do Brasil (BCB), raised its main interest rate benchmark, the Selic, to 10.75% in September, bucking the […]
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