How Brazil outsmarted the world’s richest countries on interest rates
Published on: Wednesday 02 August 2023
Hours before Andrew Bailey and his Bank of England colleagues met to raise interest rates for the fourteenth time in a row, a group of counterparts 5,500 miles away reached a different conclusion.Instead of causing more pain for homeowners,
News source: https://www.barrons.com/news/brazil-cuts-interest-rate-by-half-point-first-in-3-years-f8497086
