BRASILIA (Reuters) – Brazil’s central bank on Wednesday held interest rates at a nearly six-year high for the second policy meeting in a row, ahead of a tight presidential runoff vote this weekend.
The bank’s rate-setting committee, known as Copom, left its benchmark Selic interest rate at 13.75%, as expected by all 34 economists polled by Reuters.
(Reporting by Marcela Ayres; Editing by Brad Haynes)
