Economy
Industry and labor unions criticize Central Bank's decision to keep Selic at 13.75%
Organizations argue that current interest rates are driving household debt to record highs and increasing public debt costs, limiting investment in essential sectors like health and education.
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The essentials of this story
- What happened
- The benchmark interest rate was maintained at 13.75% per year by the Central Bank.
- Who is affected
- Businesses, indebted families, and the public budget are affected by the cost of credit and debt.
- What changes
- The Selic rate cut cycle was interrupted, keeping credit more expensive and restricting consumption and investment.
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Sources
- Indústria diz que manutenção da Selic em 13,75% é injustificável — Poder360
- Setor produtivo critica manutenção da Selic em 13,75% ao ano — Agência Brasil — economia
