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The increase, the largest since 2002, comes despite low growth expectations and reflects concerns over rising inflation, with the Central Bank warning of a similar rate rise in…
This is close to the ceiling of the target band of 2.25-5.25% set for this year. In response, the Central Bank last week raised its benchmark interest rate from a record low of…
The decision terminates the exemption put in place last year by former President Jair Bolsonaro to tackle rising inflation and boost his ultimately failed re-election campaign…
President Jair Bolsonaro on February 19 announced the change on Twitter. There was major market turmoil, as investors interpreted it as a sign that Bolsonaro was abandoning the…
Prospects for Latin America in the third quarter.
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DOI: 10.1108/OXAN-DB200263
ISSN: 2633-304X
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Geographic
Topical
Rising interest rates and commodity prices, and cheap stock market assets have been key factors in attracting capital. As a result, the real appreciated from around BRL5.7:USD1 in…
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DOI: 10.1108/OXAN-DB268313
ISSN: 2633-304X
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Geographic
Topical
BRAZIL: Higher inflation could bring new rate rises
Foreign investment in local government bond markets.
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DOI: 10.1108/OXAN-DB206247
ISSN: 2633-304X
Keywords
Geographic
Topical
BRAZIL: Petrobras nominee will bolster market optimism
Abreu's comments triggered a torrent of criticism, particularly from environmental and land reform groups. Moreover, numerous media outlets have since cited data collected by the…