VOICED : Experto: Brasil requiere mas que el recorte a tasa de interes

The Central Bank of Brazil reduced its interest rate by 0.75 percentage points to 13% to combat inflation, which was 6.29% in 2016. This move is seen positively by some experts as Brazil faces a severe recession. The country experienced a GDP contraction of 3.8% in 2015 and projected a 3.5% decline in 2016, with over 12 million unemployed and a significant fiscal deficit. Analysts suggest that while lower rates may help, they are not a complete solution, and economic recovery is expected in the second half of the year.

What was the new interest rate set by the Central Bank of Brazil?

• 15%

• 14%

• 13%

• 12%

Why did the Central Bank of Brazil decide to cut the interest rate?

• To boost exports

• To stabilize the currency

• To decrease inflation

• To increase inflation

What is the expected timeline for Brazil's economic recovery according to the analyst?

• Next year

• No recovery expected

• Second half of the year

• First half of the year

What was the GDP contraction in Brazil for the year 2015?

• 5.0%

• 4.2%

• 3.8%

• 2.5%

What are some of the economic challenges Brazil is facing?

• Low unemployment and fiscal surplus

• High inflation and low unemployment

• Low inflation and high unemployment

• High unemployment and fiscal deficit