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Brazil keeps interest rates on hold at 11%

Last Updated: Thursday, July 17, 2014, 08:38

Traders had forecast no change prior to the decision by the central bank`s monetary policy commission (Copom) after a two-day meeting.

Brazil holds key interest rate steady

Last Updated: Thursday, May 29, 2014, 08:58

The central bank`s monetary policy commission (Copom) said the decision reflected "macroeconomic trends and the inflation outlook."

Brazil posts weaker-than-expected growth

Last Updated: Saturday, December 01, 2012, 18:53

The Brazilian economy expanded by 0.7 percent in the first nine months of 2012 and 0.9 percent over the 12 months ending in September of this year.

Brazilian economy showing signs of weakness

Last Updated: Thursday, November 15, 2012, 11:55

The Brazilian economy shrank by 0.52 percent in September compared with August, the biggest one-month decline in almost a year, the central bank said Wednesday.

Brazil's economy grows at fastest clip in 15 months

Last Updated: Saturday, August 18, 2012, 12:35

Brazil's economy expanded by 0.75 percent in June relative to the previous month as tax breaks stimulated growth, the central bank said.

Brazilian central bank lowers growth forecast

Last Updated: Friday, June 29, 2012, 14:41

Brazil's Central Bank continued its downward adjustment of projected growth, lowering its forecast for 2012 Gross Domestic Product (GDP) expansion from 3.5 percent to 2.5 percent.