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Brazilian Central Bank raises the interest rate again: wrong diagnosis or vested interests of the rentier class?, by Monetary Policy Institute Blog

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Last updated 04 janeiro 2025
Brazilian Central Bank raises the interest rate again: wrong diagnosis or vested interests of the rentier class?, by Monetary Policy Institute Blog
On Wednesday August 3, the Monetary Policy Committee of the Brazilian Central Bank (COPOM/BCB) raised the short-term interest rate by 50 basis points, from 13.25% to 13.75%. Despite the unemployment…
Brazilian Central Bank raises the interest rate again: wrong diagnosis or vested interests of the rentier class?, by Monetary Policy Institute Blog
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