(Analysis) Amid global and local fiscal pressures, Brazil may end its monetary easing, with the Selic rate potentially stabilizing at 10%. These expectations stem from delayed rate cuts by the U.S. Federal Reserve and increased fiscal strain within Brazil due to changes in primary fiscal targets. Key financial players like Citi, XP Investimentos, and JPMorgan […]
Related Posts
Uruguay’s Central Bank reduces interest rate to 10%
On Tuesday, the Central Bank of Uruguay announced a 75 basis-point reduction in its Monetary Policy Rate (MPR), positioning it at 10%. In an official statement, the bank conveyed that the revised MPR is now aligned with the contractionary phase of its monetary policy and fits within the target range set for a 24-month horizon. […]
Brazil’s Eight Official Nude Beaches
In 1988, Brazil embraced naturism, starting at Praia do Pinho in Santa Catarina, marking the country’s adoption of communal living principles. Since then, Brazil has established eight official nude beaches. Each offers a unique experience, from lively to serene. Praia do Pinho in Balneário Camboriú, Santa Catarina, became the first official nude beach. Recognized in […]