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Tag: Central Bank

RIO DE JANEIRO, BRAZIL - The market forecast for inflation this year has come closer to 7% in the Focus Report released on Monday by the Central Bank. The weekly survey indicated that the IPCA projection for 2021 is now...
RIO DE JANEIRO, BRAZIL - Chile's unemployment rate dropped to 9.5% in June, representing a decrease of 2.7% compared to the same period last year and the first time the figure has fallen below 10% since April 2020, the...
RIO DE JANEIRO, BRAZIL - In its second-quarter monetary policy report, the Uruguayan Central bank forecast a 3.5% expansion for the country's economy, the same as the Finance ministry's estimate but anticipated higher inflation because of an increase in...
RIO DE JANEIRO, BRAZIL - Among 13 of the most important sectors of Brazilian industry, 10 have either recovered or surpassed pre-pandemic activity levels in this first half of the year. These sectors are expected to continue growing, mainly driven...
RIO DE JANEIRO, BRAZIL - After years without substantially changing the amount of gold in its international asset reserves, the Brazilian Central Bank headed by Roberto Campos Neto bought 41.8 tons of the metal in June. With this, the volume...
RIO DE JANEIRO, BRAZIL - The request to postpone the second phase of Open Banking came from members of the Convention to identify problems in the ratification of some procedures. The group comprises representatives of banks and fintechs and...
RIO DE JANEIRO, BRAZIL - Brazil’s Central Bank delivered its third consecutive benchmark interest rate increase of 75 basis points on Wednesday and raised the specter of larger hikes ahead, as it returns to “neutral” rates, dropping plans for...
RIO DE JANEIRO, BRAZIL - While Covid-19 emptied Rio de Janeiro's beaches and overwhelmed hospitals, luxury real estate broker Frederic Cockenpot received a flood of inquiries. Businesses were closed and the economy was shaken, but foreign clients would do...
RIO DE JANEIRO, BRAZIL - The U.S. monetary policy committee meeting minutes, linked to the Federal Reserve, caused volatility in the American stock markets and the S&P 500 index closed the week down by 0.43%. Ibovespa did better, closing the...

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