Brazil central bank faces toughest call yet on interest rate amid conflicting data

The Central Bank of Brazil faces a critical juncture this Wednesday as its Monetary Policy Committee (Copom) prepares to announce its decision on the Selic rate. In a report by local media platform Infomoney, XP economist Tiago Sbardelotto was quoted as describing the upcoming decision—whether to hold or hike the benchmark interest rate—as one of […]