Explaining Strong Credit Growth in Brazil Despite High Policy Rates By Swarnali A. Hannan, Daniel Leigh, and Rui Xu Copyright © 2025 IPS-Inter Press Service.

https://www.ipsnews.net/2025/10/explaining-strong-credit-growth-in-brazil-despite-high-policy-rates/ WASHINGTON DC, Oct 21 2025 (IPS) - At 15 percent, Brazil’s monetary policy interest rate (called Selic) is one of the highest among major economies. Yet in 2024, bank credit grew by 11.5 percent and corporate bond issuance rose by 30 percent. Copyright © 2025 IPS-Inter Press Service.