We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Get real

10 October 2013 By Martin Hutchinson

The central bank jacked up the Selic for the fifth time since April, to 9.5 pct. With inflation below 6 pct, it punishes businesses and the country’s weakening budget. Meanwhile, the state development bank is draining resources. Brazil’s main problem isn’t monetary but fiscal.

This content is for Subscribers only


Email a friend

Please complete the form below.

Required fields *


(Separate multiple email addresses with commas)