Brazil’s central bank raised interest rates again on Wednesday night as the country’s inflation outlook continued to worsen.
The move comes as the government considers measures to tighten fiscal policy as an additional weapon against inflation.
By Jonathan Wheatley in São Paulo
Published: June 4 2008 18:37 | Last updated: June 4 2008 18:37
Brazil’s central bank raised interest rates again on Wednesday night as the country’s inflation outlook continued to worsen.
The move comes as the government considers measures to tighten fiscal policy as an additional weapon against inflation.