Brazil's central bank said on Wednesday that caution and diligence were needed as credit expands despite high borrowing costs and rising debt levels among households and businesses.

BRASILIA (Reuters) - Brazil's central bank is convinced that monetary policy is more restrictive than normal given its guidance for an upcoming interest rate hike, and will adjust it as needed ...

Brazil’s economy grew by 3.4% in 2024, according to the latest data issued by the official statistics agency IBGE. These ...

Brazil’s Central Bank, the Banco Central do Brasil, released a statement following the 259th meeting of its Monetary Policy ...

Employees of Brazil’s Central Bank (BCB) Friday went on strike to demand better wages. The workers have announced that their measure will continue until an answer has been achieved. The new ...

The Central Bank of Brazil recently revealed that it has selected nine projects to help develop its central bank digital currency (CBDC). As reported by media organizations on March 3, Brazil’s ...

Copom, lifted the Selic policy rate to 13.25% in a unanimous decision, the first under new central bank Chief Gabriel Galipolo,appointed by President Lula da Silva Brazil's central bank raised its ...

SAO PAULO (Reuters) - Brazil's central bank said on Friday it would hold auctions starting on Monday to roll over $15.6 billion in traditional currency swaps expiring on April 1. The central bank ...

Brazil's President Luiz Inacio Lula da Silva is battling several economic headaches (EVARISTO SA) Brazil's central bank on Wednesday hiked its key interest rate to 13.25 percent in more bad news ...

Investing.com -- The central bank of Brazil revealed on Wednesday that the pilot project for its digital currency, Drex, has been more technologically challenging than anticipated, necessitating ...