Brazil, central bank
Brazil Is Set to Raise Interest Rates Hours After Fed Cuts Them
Brazil’s central bank will likely raise interest rates for the first time since 2022 as a heated economy and above-target inflation forecasts make it an outlier in a global easing push emboldened by the Federal Reserve.
Brazil raises policy rate by 25bp in unanimous decision
The Central Bank of Brazil (BCB) has raised its policy rate by 25 basis points in a unanimous decision. Hours after the US Federal Reserve began its easing cycle, Brazil’s central bank moved in the opposite direction on September 18 and lifted its key Selic rate to 10.75%.
Brazil central bank raises rates by 25 bp, first hike in two years
Brazil's central bank kicked off an interest rate-hiking cycle on Wednesday with a 25 basis-point increase, as expected, and signaled more increases ahead to tackle a challenging inflation outlook driven by stronger-than-expected economic activity.
Brazil Central Bank Hikes Interest Rate to 10.75% as Economy Runs Hot
Brazil’s central bank increased its benchmark interest rate by a quarter-point in the first hike since 2022, as a jump in consumption and above-target inflation expectations forced policymakers to move in the opposite direction of the Federal Reserve and regional peers.
Brazil Central Bank Lifts Its Interest Rate and Signals More Hikes Ahead, Bucking Global Trend
Brazil’s central bank raised its interest rate by a quarter-point and said more hikes are coming on resilient growth and inflation expectations, moving in the opposite direction of the Federal Reserve and regional peers.
Brazil's Central Bank Hikes Interest Rate For First Time In Two Years
Brazil's central bank on Wednesday announced its first interest rate hike in two years, raising the benchmark lending rate to 10.75 percent even as the US Federal Reserve decided to lower borrowing costs.
Brazil sees GDP accelerating in 2024 to 3.2% growth
Brazil's Finance Ministry raised its economic growth forecast on Friday to 3.2% for this year, projecting an acceleration ...
Brazil’s Economic Activity Posts First Monthly Drop Since March
Brazil’s economic activity fell less than expected in July, snapping a series of gains as central bankers are expected to ...
Bloomberg L.P.3d
Brazil’s Tightening Cycle Set to Miss Market Forecast, JPM Says
Brazil will raise interest rates less than traders expect as the Federal Reserve’s easing cycle provides a ‘Goldilocks’ ...
Brazil wants to be a climate champion and an oil giant. Can it be both?
Lula has staked his international reputation on the environment, but he must also find the money to alleviate poverty at home ...
Wall Street Journal2d
Brazil’s Central Bank Resumes Hiking as Inflation Remains High
Brazil’s central bank raised interest rates for the first time in ... in reach in many parts of the world is looking ...
Mongabay14h
What will the Brazilian food industry do about plastic packaging?
Plastic waste is a global problem, and the food sector is one of its main drivers. It only takes a quick visit to a ...
Brazil judge seizes cash from Starlink to cover fine imposed on Elon Musk’s X
Brazil seized about $2 million from a Starlink bank account and another $1.3 million from X to collect on fines issued to ...
ThePrint1h
India has discussed raising oil imports from Brazil, minister says
India has discussed raising oil imports from Brazil in a meeting with the head of the South American nation's state-run oil giant Petrobras, India's oil minister said on Friday.
Yahoo Finance6d
Brazil’s Economic Activity Posts First Monthly Drop Since March
(Bloomberg) -- Brazil’s economic activity fell less than expected in July, snapping a series of gains as central bankers are expected to mull the start of a cycle of interest rate hikes.