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Brazil-backed G20 report calls for global, wealth-based income tax
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Brazil’s Central Bank Reduces Selic Rate to 11.25% in First 2024 Meeting
On January 31, 2024, Brazil’s Central Bank cut its main interest rate, the Selic, by 0.5%. The new rate is 11.25% per year. This level is the lowest since March 2022. At that time, the rate was 10.75%. This change matters because it affects loans and savings. Lower rates can boost spending and investment. The […]
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