# Brazil's Haddad says high interest rates will curb inflation

> Brazil's Finance Minister Haddad said high interest rates would curb inflation. The real traded around 6.05 per dollar, having weakened to nearly 6.30 at the end of 2024.

- Date: 2025-01-17 · published 2025-01-17T12:00:00.000Z
- Category: macro · region Brazil · magnitude low
- Page: https://feedsoft.ai/events/26715-brazil-s-haddad-says-high-interest-rates-will-curb-inflation
- Commodities: [Brazilian Real (BRL per USD)](https://feedsoft.ai/c/USDBRL.md)

## Why it matters

Expectations of tighter policy and a firmer real in early 2025 lower the dollar cost of Brazilian grain and meal exports, which can weigh on global feed prices.

## Read by commodity

- USDBRL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDBRL | 2022-02-22 | [Brazil central bank chief says higher interest rates, positive fiscal are supporting FX \| Financial Newsletter](https://feedsoft.ai/events/42914-brazil-central-bank-chief-says-higher-interest-rates-positive-fiscal-are.md) | +0.7% | -3.4% |
| USDBRL | 2021-12-08 | [Brazil's real rallies over 1% ahead of interest rate decision \| Financial Post](https://feedsoft.ai/events/43829-brazil-s-real-rallies-over-1-ahead-of-interest-rate-decision-financial-post.md) | +0.7% | +1.3% |
| USDBRL | 2022-05-03 | [Barclays Sees Sharp Rally in Brazil’s Real on Rate Hikes](https://feedsoft.ai/events/41607-barclays-sees-sharp-rally-in-brazil-s-real-on-rate-hikes.md) | +1.9% | -6.0% |
| USDBRL | 2024-10-31 | [Brazil's strong labor market fuels inflation fears ahead of expected rate hike](https://feedsoft.ai/events/28084-brazil-s-strong-labor-market-fuels-inflation-fears-ahead-of-expected-rate-hike.md) | -1.3% | +3.8% |
| USDBRL | 2021-11-08 | [Brazil's real dips on inflation woes, Chile's peso supported by copper \| Financial Post](https://feedsoft.ai/events/44258-brazil-s-real-dips-on-inflation-woes-chile-s-peso-supported-by-copper-financial.md) | -1.4% | +1.7% |

## Sources

- reuters.com: https://www.reuters.com/world/americas/brazils-haddad-says-high-interest-rates-will-curb-inflation-2025-01-17/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.