Brazil's Finance Chief: 15% Rates Are Too Restrictive

BloombergTuesday, November 4, 2025 at 1:06:21 PM
Brazil's Finance Chief: 15% Rates Are Too Restrictive
Brazil's Finance Minister Fernando Haddad has highlighted that the current 15% interest rates are overly restrictive and are impacting the country's debt levels. Speaking at COP30 in Sao Paulo, he urged the central bank to consider easing these rates. This is significant as it could lead to more favorable economic conditions in Brazil, potentially stimulating growth and reducing debt burdens.
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