Sunday, June 12, 2011

The Easy Credit That Fueled Brazil's Boom Now Imperils It - Wall Street Journal

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The Easy Credit That Fueled Brazil's Boom Now Imperils It

Wall Street Journal


Two days later, Brazil's central bank raised its benchmark rateâ€"for the fourth time this yearâ€"to the highest of any major world economy, 12.25%. The opposing moves point up the central, and increasingly controversial, role of Brazil's highly active ...



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