Brazil, central bank
Brazil’s Real Jumps After Central Bank Delivers Hawkish Hike
Brazilian markets rallied on Thursday as the central bank’s unanimous decision to raise interest rates — and a statement viewed as hawkish — signaled its commitment to getting inflation back to target.
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 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 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.
Interest Rates Fall, but Central Banks Are No Longer in Lock Step
Officials in some countries started cutting rates last year, but others, including those in Europe and the United States, have taken a more cautious approach.
Brazil Braces for Hawkish Central Bank Chief Just as Fed Readies Rate Cuts
The new power broker in Brazil’s central bank, Gabriel Galipolo, has made a radical transformation to anti-inflation crusader over the past few weeks. In so doing, Galipolo, who’s been tapped to take the top job at the bank,
Central Bank raises benchmark interest rate to 10.75% a year
To justify the move, the committee named resilience in economic activity, pressures in the labor market, a positive output gap, higher inflation estimates, and a de-anchoring of inflation expectations.
Brazil central bank to hike rates by 25 basis points on Sept 18
Brazil's central bank will raise its benchmark rate by 25 points next Wednesday at what will likely be the start of a short tightening campaign to quash persistent inflationary trends, moving the opposite way to its peers,
MNI BRIEF: Brazil's Copom Hikes Selic Rate By 25BP To 10.75%
The Central Bank of Brazil (BCB) unanimously decided to raise its official Selic rate by 25 basis points to 10.75% Wednesday, after holding borrowing costs steady for two consecutive meetings."The scenario,
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'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.
MercoPress6h
Brazilian central bank raises Selic rate to 10,75%, fearing inflation resurgence
While the United States Federal Reserve decided to cut its reference interest rate arguing inflation was under control, ...
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 two years, just hours after the U.S. Federal Reserve ...
Brazil's central bank says forgotten bank funds can't help meet fiscal target
Brazil's central bank said that forgotten funds held by financial institutions could not be classified as primary revenue, ...
Stock market today: Dow surges 462 points as stocks rally after jumbo Fed rate cut
Indexes rose Thursday as investors digested Wednesday's jumbo rate cut from the Fed and a fall in weekly jobless claims.