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Tag: Central Bank

By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Financial institutions in Brazil reduced on Monday the country’s economic growth forecast for the eighth consecutive time this year, showed the Central Bank’s weekly Focus Survey. The estimate for this...
By Lise Alves, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – Brazil’s trade balance in March registered the lowest positive result for the month in the past three years, according to the Ministry of Economy. The positive balance was only...
By Lise Alves, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – Brazil’s new Central Bank (CB) President, Roberto Campos Neto vowed to keep inflation at controlled levels and promote the democratization of the financial system. Campos Neto also defended a...
By Lise Alves, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – Financial institutions consulted by Brazil’s Central Bank (BC) have once again reduced the estimate for inflation this year from 3.89 percent to 3.71 percent. The forecasts are in line...
By Lise Alves, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – Brazil’s main stock market, Bovespa, surged on Wednesday, after the announcement that Lava Jato (Carwash) judge, Sergio Moro, had accepted newly-elected president Jair Bolsonaro’s invitation to become the Minister...
By Nelson Belen, Contributing Reporter RIO DE JANEIRO, BRAZIL - In its last meeting before the highly anticipated October general election, Brazilian Central Bank’s Monetary Policy Committee (Copom) announced on Wednesday (September 19th) it had decided to maintain its key...
By Lise Alves, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – Financial institutions in Brazil have increased their forecast for the country’s inflation (IPCA) this year, from 4.11 percent to 4.15 percent, according to the latest Focus Bulletin, released by...
By Lise Alves, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – Despite the continuing low inflation rate, the recent strong devaluation of the Brazilian currency and decreasing economic activity, Brazil’s Monetary Policy Committee (COPOM) surprised the market and announced on...
By Lise Alves, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – After several days of widespread rumors, Brazil’s Central Bank stated last week that bills stamped with the image of former President Luiz Inacio Lula da Silva and the words...

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