Business Entities Criticize Interest Rates and Call for Coordinated Monetary and Fiscal Policies
Brazil’s High Interest Rates: Why Business Leaders are Calling for Change In recent months, Brazil’s Central Bank made headlines by maintaining the country’s benchmark interest rate, the Selic, at a sky-high 15%—a decision that’s sparked significant debate. While many economists and market watchers have backed the move, voices from Brazil’s business sector are raising urgent … Read more