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UBS Forecasts Hold on Brazil’s Rate Cuts Amid Rising Inflation Concerns
UBS recently released a report predicting a halt in Brazil’s interest rate cuts, which could profoundly impact the economic landscape. The report, issued on Wednesday, May 29, forecasts Brazil’s Selic rate will stabilize at 9.75% by the end of 2024. Currently, the interest rate in Brazil stands at 10.5%. Interestingly, UBS anticipates no reductions in […]
Kamala Harris can count on the Obamas: campaign releases new endorsement video
As support for presumed Democratic presidential nominee Kamala Harris continues to roll in following President Biden’s announcement that he would not be seeking a second term, a former president is now throwing in his support. In a video endorsement, former president Barack Obama and former first lady Michelle Obama called on Americans to join them […]