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Event Brief

Brazil Household Debt Hits Record 80% as Rate Trap Bites

A record 80.2% of Brazilian families reported carrying debt in February 2026, the highest in 16 years.
WHO: Brazilian families
WHAT: Household debt reaches record levels
WHEN: Mar 12, 2026 at 9:05 AM ET
WHERE: Brazil
WHY: Rising interest rates and economic pressures
Sources (1): Rio Times

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