Tag: Brazilean Central Bank

• Monday, February 22nd 2016 - 08:43 UTC

  Unemployment in Brazil reaches 9% in Sept-Nov rolling quarter

  

  Unemployment in Brazil was 9% during the September-November rolling quarter, unchanged from the August-October period, the Brazilian Institute for Geography and Statistics reported.

• Thursday, January 21st 2016 - 07:13 UTC

  In a surprise move, Brazil's central bank leaves interest rate unchanged at 14.25%

  

  Recession-hit Brazil's central bank in a divided vote left the key interest rate untouched on Wednesday despite rising inflation, opting against an increase that could put a further brake on the world's seventh-biggest economy.

• Tuesday, December 15th 2015 - 08:32 UTC

  Brazil's Central bank Focus weekly negative report

  

  Analysts expect Brazil's economy to contract by 3.62% this year, with inflation hitting 10.61%, the Central Bank said Monday. GDP and inflation estimates come from the Boletin Focus, a weekly Central Bank survey of analysts from about 100 private financial institutions on the state of the national economy.

• Monday, November 2nd 2015 - 08:43 UTC

  Brazilian central bank opposes using the country's US$ 370bn reserves

  

  Brazil's central bank chief, Alexandre Tombini, told lawmakers he opposes using the country's $370 billion foreign reserves at this moment as they serve as an insurance policy for Latin America's largest economy.

• Tuesday, September 8th 2015 - 08:54 UTC

  Brazil confident it can stand 'first period of volatility' if Fed raises rates

  

  Brazil is well prepared to cope with any market volatility resulting from a U.S. interest rate rise, Finance Minister Joaquim Levy said on Monday. The minister told a meeting in Madrid that Brazil's banks were well capitalized and the country has large foreign exchange reserves.

• Tuesday, September 1st 2015 - 07:08 UTC

  Brazil Central bank survey says economy will shrink 2.26% this year and 0.40% next year

  

  Analysts expect Brazil's economy to contract by 2.26% this year, reflecting greater pessimism in the wake of the release of figures last week showing that the country is in a recession, the Central Bank said Monday.

• Wednesday, December 17th 2014 - 13:19 UTC

  Brazilian economy remains flat with similar forecast for 2015

  

  Brazil's economy contracted 0.26% in October, ending a three-month growth streak and coming in below analysts' expectations of a 0.30% expansion, reported the Central Bank.

• Friday, November 28th 2014 - 06:46 UTC

  New Brazilian minister pledges realistic fiscal targets and balanced economic growth

  

  Brazilian President Dilma Rousseff finally announced on Thursday the appointment of Joaquim Levy, as her next Finance minister who is also known as the 'scissors man', who pledged more realistic fiscal targets and promised more balanced economic growth.

• Tuesday, October 28th 2014 - 15:27 UTC

  Brazilian economy remains in recession; Central bank survey indicates 0.27% growth this year

  

  Private sector analysts are maintaining their 2014 growth forecast for Brazil's economy at 0.27%, the Central Bank said on Monday. GDP estimate was included in the Focus review, a weekly Central Bank survey of analysts from about 100 private financial institutions on the state of the national economy.

• Friday, August 22nd 2014 - 07:07 UTC

  Depressed Brazilian economy becomes focus of presidential campaign

  

  With less than two months to the crucial 5 October presidential election, Brazil's Central Bank continued to battle economic turmoil increasing the credit available for commercial loans in the hope of boosting the country’s stagnant growth figures.