Brazil's Finance Chief: 15% Rates Are Too Restrictive

Core Viewpoint - Brazilian Finance Minister Fernando Haddad indicates that "very restrictive" interest rates are contributing to the country's debt levels and suggests it is time for the central bank to signal plans for easing [1] Group 1 - The current interest rates in Brazil are described as "very restrictive," which is impacting the nation's debt situation [1] - Haddad's comments were made during an interview with Bloomberg News at the COP30 event in Sao Paulo [1] - The Finance Minister emphasizes the need for the central bank to communicate intentions regarding interest rate adjustments [1]