Brazil's central bank on Wednesday raised interest rates by 150 basis points and signaled another such hike this year, stepping up the world's most aggressive tightening cycle after the government moved to loosen its constitutional spending limit.
Brazil's central bank on Wednesday raised interest rates by 150 basis points, stepping up its battle against a deteriorating inflation outlook after the government moved to loosen its constitutional spending limit.
Brazil's central bank on Wednesday raised interest rates by 150 basis points and signaled another such hike this year, stepping up the world's most aggressive tightening cycle after the government moved to loosen its constitutional spending limit.
Nearly a third of the cattle bought by JBS SA in the Brazilian Amazon state of Para came from ranches with "irregularities" such as illegal deforestation, prosecutors found in a 2020 audit of the world's largest meatpacker released on Thursday.