Economics
Brazil at Risk of Steeper Rate Hikes, Former Central Banker Says
- Budget, second virus wave complicated monetary policy: Loyola
- Fiscal and political uncertainty have a heavy impact on real
People wearing protective masks walk through a market in Sao Paulo.
Photographer: Jonne Roriz/BloombergThis article is for subscribers only.
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Brazil’s central bank is at risk of having to raise interest rates more than expected just a month after surprising investors with a bold rate hike, according to former central bank chief Gustavo Loyola.