Brasília, Nov 5, 2025 (AFP) - Brazil central bank maintains interest rate at 15%

NAMPA / AFP
2025-11-06
Brazil's central bank kept its benchmark interest rate at 15 percent on Wednesday amid ongoing efforts to contain inflation, which remains above target rates. The bank has kept the interest rate at that level -- one of the highest in the world -- since July, after a series of seven straight hikes. In a note, the bank's Monetary Policy Committee (COPOM) said its "cautious" stance was due to "high uncertainty" posed by tariffs imposed by the Unite......
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