Brazil’s Selic Hits 15% While Fed Keeps Interest Rates Steady
Introduction: Why does this matter for your wallet? Brazil just raised its Selic rate to 15%, while the U.S. Federal Reserve decided to hold interest rates steady.This divergence creates global capital flow imbalances and impacts inflation, currency value, and your finances — even if you don’t invest abroad. In this article, learn how Brazil’s high […]
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