-
Opinion: Why Brazilians Don’t Bank on Dollars
27 Sep 2023 15:14 GMT
… where the dollar rules, Brazil shuns the U.S. currency … to the ’90s, Brazil faced persistent inflation.
High interest rates set … adjusted monthly based on inflation rates.
Why Brazilians Don’t Bank … shackled to the dollar.
Brazil’s unique strategy offers a …
-
Brazil's central bank chief says tight policy needed despite inflation slowdown
27 Sep 2023 15:04 GMT
… VIDEOS
BRASILIA (Reuters) - Brazilian central bank chief Roberto Campos … to persevere in anchoring inflation to the official target, … decision to maintain the inflation target at 3%, highlighting … rules, which include eliminating Brazil's primary budget …
-
Brazil’s Tourism to Earn $92 Billion in 2023
27 Sep 2023 14:27 GMT
The Brazilian Chamber of Foreign Trade CNC … $458 billion ($92 billion) for Brazil's tourism in 2023 … ($8.2 billion). Adjusting for inflation, that’s a 7.8% …
-
TMH Market Update: Australian inflation lifts to 5.2pc in August
27 Sep 2023 06:45 GMT
Join our daily newsletter At The Bell to receive exclusive market insights
The ASX200 is trading down about a quarter of a per cent and only the materials and financials and materials sectors have traded in the green.
Australian CPI or Consumer Price Index …
-
Brazil’s central bank divided over services inflation improvement
26 Sep 2023 16:49 GMT
…
BRASILIA (Reuters) – Brazil’s central bank voiced concerns over inflation expectations not … require substantial positive surprises in inflation.
William Jackson, chief emerging … contributing to the divergence in inflation expectations from official targets.
…
-
Brazil inflation accelerates as cenbank reiterates rate cut pace
26 Sep 2023 14:36 GMT
… (Reuters) - Brazil's annual inflation accelerated in mid- … require substantial positive surprises in inflation, the central bank has … figures showed. "These inflation data will have given ammunition … IBGE, consumer prices in Brazil rose 0.35%, up …
-
Central Bank raises fiscal concerns as inflation ticks up
26 Sep 2023 13:48 GMT
The Brazilian Central Bank’s … raised concerns about inflation — as market-based inflation expectations for … certain factors potentially contributing to inflation expectations surpassing the target. … the government believing that Brazil’s sky-high interest …
-
Brazil’s Central Bank Says Bigger Interest Rate Cuts Are Unlikely
26 Sep 2023 13:42 GMT
… easing cycle, including long-term inflation expectations which remain above target … “much more solid” improvement in inflation expectations, which remain above their … : Brazil Delivers Half-Point Rate Cut, Reaffirms Steady Easing
Annual inflation accelerated …
-
Brazil Inflation Accelerates in Month Through Mid-September
26 Sep 2023 12:33 GMT
By Paulo Trevisani
Brazil's 12-month inflation rate rose in the … 5% from a year earlier, Brazil's Institute of Geography …
-
Brazil Central Bank Says Bigger Interest Rate Cuts Are Unlikely
26 Sep 2023 11:58 GMT
Brazil’s central bank poured cold … easing cycle, including long-term inflation expectations which remain above target …