Central Bank Holds Selic at 15% and Emphasizes Caution
Introduction: Cautious Pause in a Volatile World In a world upended by economic turbulence and unpredictable markets, every decision from central banks can have a global ripple effect. This week, Brazil’s Monetary Policy Committee (Copom) remained in the spotlight, as it announced the Selic benchmark interest rate would hold firm at 15%—the highest level seen … Read more