Tag: Brazil's Central Bank

• Monday, July 14th 2025 - 10:59 UTC

  Brazil's inflation reported to be above target in first semester of 2025

  

  Inflation figures released last week in Brazil showed the country had pierced the target ceiling for the first time since the National Monetary Council changed early this year the way the accumulated increase is calculated. Without this twitch, the inflation target had already been breached eight times.

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• Wednesday, May 14th 2025 - 10:56 UTC

  Brazil's Central Bank signs currency swap with People’s Bank of China

  

  Brazil's Central Bank (BCB) and the People’s Bank of China (PBoC) signed a currency swap agreement Tuesday worth R$ 157 billion (US$ 28 billion). The arrangement is valid for five years.

• Friday, October 30th 2020 - 09:37 UTC

  Brazil keeps interest rate at record low, despite a spike in food and fuel inflation

  

  Brazil’s central bank kept its key interest rate at a record-low 2.00% on Wednesday, maintaining its “forward guidance” pledge to keep rates lower for longer and even the possibility of further easing, despite the recent rise in inflation and fiscal risks.

• Wednesday, September 19th 2018 - 08:28 UTC

  Brazilian economy recovering at snail pace: 1.19% in seven months of 2018

  

  Brazil's economy grew 0.57% in July from June, Brazil's Central Bank said citing the Economic Activity Index (IBC-Br). The data shows a second consecutive month of GDP growth in South America's largest economy.

• Wednesday, June 6th 2018 - 08:27 UTC

  Brazil's central bank survey lowers 2018 growth forecast to 2.18%

  

  Brazil's financial market has downgraded its 2018 economic growth forecast from 2.37% to 2.18%, according to a Focus poll released on Monday by the Central Bank. Four weeks ago, a similar survey of the country's leading financial institutions showed GDP was expected to expand 2.7%.

• Thursday, May 17th 2018 - 08:47 UTC

  Brazil leaves basic rate unchanged citing a more volatile world situation

  

  Brazil's central bank unexpectedly left its benchmark interest rate unchanged on Wednesday, citing a more challenging and volatile situation in world economies. The bank left its benchmark Selic rate at an all-time low of 6.5%, after signaling at its previous meeting it would cut at least once more.

• Thursday, October 12th 2017 - 12:10 UTC

  Brazilian central bank insists on the need to limit pension spending

  

  Brazil’s lawmakers can’t duck their responsibility to pass belt-tightening measures, central bank President Ilan Goldfajn told a Senate hearing in Brasilia this week. Reform proposals, particularly a constitutional amendment to limit pension spending, will help keep inflation low, reduce the structural interest rate and buoy the country’s overall recovery, Goldfajn said.