Brazil Central Bank Rate Raised to 9.25 Percent
Brazil economic data came out hot and heavy today. First, the central bank raised interest rates 150 basis points from 7.75 pct to 9.25 pct. Secondly, Brazil retail sales are…
Brazil Inflation Continues To Climb
Economic data out of Brazil shows inflation continues to climb. Why is this important? Brazil is the 9th largest receiver of US exports. Approximately 3% of exports go to Brazil…