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Brazil Central Bank Raises Alert on Near-Term Inflation Woes
Brazil’s central bank said annual inflation will run above the tolerance range for the next six months, as food prices rise significantly and services costs remain elevated despite aggressive interest rate hikes.
Brazil central bank sees unanchored inflation expectations, overheating economy as key risks
Brazil's central bank on Tuesday labeled the unanchoring of inflation expectations and the country's overheating economy as "highly relevant" inflationary risks, adding that concerns over potential pressures from a weaker currency persist.
Brazil’s Central Bank Raises Rates as Inflation Sticks, Credibility Falters
The bank’s monetary policy committee increased the benchmark rate by a full percentage point to 13.25%.
12h
on MSN
Brazil's central bank sees economic cooling as key, flags fiscal and FX risks
Brazil's central bank on Tuesday stressed that cooling economic activity is crucial for bringing inflation to target, while ...
Central Banking
8h
Brazil to enable Pix for contactless instant payments
Citizens in Brazil will be able to use Pix to make contactless transactions at retail points of sale by the end of this month ...
6d
Brazil Central Bank Will Extend Interest Rate Hikes With Galipolo Fully in Charge
Gabriel Galipolo will chair his first interest rate decision as Brazil’s central bank governor on Wednesday with a clear, ...
4h
Brazil 2025 public debt seen rising by double-digits, rate-linked bonds soar
Brazil's Treasury on Tuesday estimated that federal public debt will rise up to 16% this year, as bonds linked to the ...
1d
Central Bank: Brazil's Gross Debt Rises and Closes 2024 at 76.1% of GDP
Brazil’s gross debt closed 2024 at 76.1% of GDP (Gross Domestic Product), an increase of 2.2 percentage points over the year.
8d
Brazil’s Central Bank Expected to Hike
Brazil’s central bank is likely to keep raising interest rates and take the Selic benchmark rate to 15% this year, according ...
4d
Brazil's Gross Debt Rises Less Than Expected in 2024, Aided by Foreign Reserves Sale
BRASILIA (Reuters) - Brazil's gross debt rose less than expected in 2024, supported by the central bank's sale of foreign reserves in December, a month marked by intense exchange rate volatility amid ...
1d
on MSN
Brazil inflation to ease further this year, Lula tells Congress
Inflation in Brazil is expected to ease further this year and near the mid-point of the central bank's 3% target by mid-2026, ...
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