{"id":55274,"date":"2025-08-08T20:04:10","date_gmt":"2025-08-08T20:04:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/55274\/"},"modified":"2025-08-08T20:04:10","modified_gmt":"2025-08-08T20:04:10","slug":"brazil-economy-starting-to-see-impact-of-high-rates-official-says","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/55274\/","title":{"rendered":"Brazil economy starting to see impact of high rates, official says"},"content":{"rendered":"\n<p class=\"yf-1090901\">SAO PAULO (Reuters) -Brazil&#8217;s government believes the economy is starting to feel the effects of high interest rates and will closely monitor data to see if those impacts are &#8220;wider than initially expected,&#8221; Economic Policy Secretary Guilherme Mello said on Friday.<\/p>\n<p class=\"yf-1090901\">Brazil&#8217;s central bank last week held its benchmark rate at 15%, the highest in almost two decades, pausing an aggressive tightening cycle after seven consecutive hikes aimed at fighting sticky inflation, which should cool down economic activity.<\/p>\n<p class=\"yf-1090901\">&#8220;Monetary policy is having the expected impact, perhaps even sooner than expected,&#8221; Mello told an event hosted by news outlet JOTA, though adding the government for now continues to see growth this year close to 2.5%.<\/p>\n<p class=\"yf-1090901\">(Reporting by Isabel Teles, Editing by Franklin Paul)<\/p>\n","protected":false},"excerpt":{"rendered":"SAO PAULO (Reuters) -Brazil&#8217;s government believes the economy is starting to feel the effects of high interest rates&hellip;\n","protected":false},"author":2,"featured_media":55275,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[7426,45,49,48,46,36895],"class_list":["post-55274","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-brazil","tag-business","tag-ca","tag-canada","tag-economy","tag-guilherme-mello"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/55274","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=55274"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/55274\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/55275"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=55274"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=55274"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=55274"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}