- Brazil's central bank has hiked the country's benchmark rate by another 50 bps to 10%.
- The bank has now raised the rate by 275 bps since April, as it contends with high inflation and widespread fears of additional credit downgrades.
- Brazil ETFs: EWZ, BRF, BZF, BRXX, EWZS, BRAQ, BRAZ, BZQ, BRAF, UBR, BRZU, FBZ, BRZS, DBBR
Brazilian central bank hikes benchmark rate to 10%
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