Maria Eloisa Capurro

Brazil’s central bank announced it would sell as much as $3 billion in a spot auction on Thursday, its fourth such intervention this week amid a massive currency selloff.

As the currency craters in Brazil, thrusting the country’s markets into the international spotlight for the first time in years, a grim reality is setting in for top economic aides to President Luiz Inácio Lula da Silva. They are, they fear, powerless to do much to stop the panic.

(Bloomberg) -- Brazil's central bank lifted its economic growth forecasts for this year and next as policymakers pledge higher interest rates to tame inflationary pressures from overheated activity.

(Bloomberg) -- Brazil's central bank lifted its economic growth forecasts for this year and next as policymakers pledge higher interest rates to tame inflationary pressures from overheated activity.

Brazil central bankers said they have all the tools needed to tame an inflation pick-up in Latin America’s largest economy that’s driving analysts to question how effective their monetary policy really is.

(Bloomberg) -- As the currency craters in Brazil, thrusting the country’s markets into the international spotlight for the first time in years, a grim reality is setting in for top economic aides to President Luiz Inacio Lula da Silva. They are, they fear, powerless to do much to stop the panic.Most Read from BloombergNYPD Car Chases Are Becoming More Frequent — and More DangerousNew York City’s Historic Preservation Movement Is Having a Midlife CrisisDakar’s Air Quality Plummets as Saharan Dust

(Bloomberg) -- President Luiz Inacio Lula da Silva said his government had taken steps to safeguard Brazil's fiscal rules and reaffirmed his support

(Bloomberg) -- Brazil central bank's incoming Governor Gabriel Galipolo signaled it's unlikely policymakers will change guidance for two new rate

Brazil economists raised their forecasts for inflation and borrowing costs in 2025 after central bankers reinforced their commitment to extend jumbo interest rate hikes into early next year.

Brazil’s central bank stepped into markets again to prop up the real amid a rout sparked by concerns about the sustainability of the country’s debt.