Tag: Central Bank of Brazil
RIO DE JANEIRO, BRAZIL - Credit conditions in Brazil improved in February, Central Bank figures showed on Monday, March 29, as a broad measure of consumer and business default ratios held steady at a decade-low, bank lending spreads narrowed,...
RIO DE JANEIRO, BRAZIL - The Central Bank of Brazil announced this Thursday, March18th, the authorization for telephone contact lists to be integrated with PIX - the institution's instant payment system. With this, banks will be able to develop...
RIO DE JANEIRO, BRAZIL - Brazilian financial analysts maintained their 2021 economic growth forecast at 3.29 percent of expansion in gross domestic product (GDP), after several weeks of decline, while keeping the estimate at 2.5 percent for 2022, the...
RIO DE JANEIRO, BRAZIL - Brazilian financial analysts upgraded their economic growth forecast for the year, from a 3.45 percent expansion in gross domestic product (GDP) to 3.49 percent, the Central Bank of Brazil said on Monday, January 25th.
According...
RIO DE JANEIRO, BRAZIL - Brazilian financial analysts slightly upgraded their 2021 growth forecast, from a 3.4 percent to 3.41 percent expansion in gross domestic product (GDP), after modifying the estimated contraction for 2020 from 4.36 to 4.37 percent,...
By Jay Forte, Contributing Reporter
RIO DE JANEIRO, BRAZIL - The projection of financial institutions in Brazil for inflation, measured by the National Index of Consumer Price (IPCA) this year was adjusted from 7.04 percent to 7.06 percent according to...
By Sarah Brown, Contributing Reporter
RIO DE JANEIRO, BRAZIL - Research from Banco Central (BC, or Central Bank of Brazil) shows that the projected growth of GDP has fallen, while forecasts for inflation rates has increased, indicating a persistent decline...
By Anna Kaiser, Contributing Reporter
RIO DE JANEIRO, BRAZIL - While the U.S. Dollar reached its highest value so far this year last Friday, May 24th, the Brazilian Real has lost financial worth, following a period of consistently increasing against...
By Anna Fitzpatrick, Contributing Reporter
SÃO PAULO, BRAZIL – Historically, the thorn in the side of Brazil’s economy has always been inflation and last week the rolling twelve month inflation rate was reported as 7.23 percent by the Central Bank....
