Tag: Central Bank of Brazil

• Wednesday, March 3rd 2021 - 08:38 UTC

  Producer price inflation in Brazil anticipates Central bank will raise interest rates

  

  Brazil's statistics agency IBGE said on Tuesday the monthly rate of producer price inflation kicked off this year at its second highest, with prices rising across all 24 activities surveyed.

• Friday, February 12th 2021 - 09:57 UTC

  Brazilian Central Bank communication triggers confusion in financial markets

  

  Brazil's Central Bank chief Roberto Campos Neto admitted on Thursday that the January interest fixing rate policy meeting release may have generated more confusion in financial markets, instead of more transparency in communications.

• Friday, February 12th 2021 - 09:18 UTC

  Brazil congress passes bill granting the central bank greater autonomy

  

  Brazil's lower house of Congress on Wednesday approved the text of a bill granting the central bank autonomy, which will set fixed four-year terms for the bank's president and directors, and tighter rules on their exit from office.

• Thursday, February 11th 2021 - 08:47 UTC

  Brazilian Central Bank says inflation outlook rose for the fifth week running

  

  Brazil's central bank weekly FOCUS survey of some 100 economists and financial institutions indicated that the outlook for inflation in the country rose for the fifth consecutive week, and is getting closer to the bank's target for the year.

• Tuesday, January 19th 2021 - 08:29 UTC

  Brazilian economy forecasted to grow 3,45% this year with 3,75% inflation

  

  Brazilian financial and market analysts upgraded their economic growth forecast for 2021, from 3.41% to 3.45%, and maintained the projection at 2.5% for 2022, the Central Bank of Brazil announced Monday.

• Wednesday, January 13th 2021 - 09:14 UTC

  Brazilian interest rates in the next 24 months expected to rise steadily

  

  The outlook for Brazilian interest rates over the next two years rose to their highest in several months, a central bank survey of economists showed on Monday, even as exchange rate and inflation expectations held steady.

• Wednesday, January 13th 2021 - 09:11 UTC

  Brazilian 2020 inflation 4,5%, but food prices skyrocketed 14,1%

  

  Inflation in Brazil ended 2020 at 4,5% the stats agency IBGE revealed on Tuesday, above the central bank's target, with food prices rising, 14,1%, the most in two decades.

• Wednesday, December 23rd 2020 - 09:35 UTC

  Brazilian financial analysts upgrade growth forecast for 2020

  

  Brazilian financial analysts slightly upgraded their growth forecast for 2020, from a 4.41% drop in gross domestic product (GDP) to a 4.4% drop, the Central Bank of Brazil reported.

• Saturday, November 14th 2020 - 08:20 UTC

  During September for the fifth month running economic activity is picking up in Brazil

  

  Economic activity in Brazil rose in September for the fifth month, a central bank survey showed on Friday, more than economists had expected, pointing to a solid recovery in the third quarter from the worst of the COVID-19 shock earlier in the year.

• Saturday, November 7th 2020 - 08:06 UTC

  Food and transport costs lifting annual inflation in Brazil to the central bank year target

  

  Brazilian inflation in October rose to its highest level for that month since 2002, figures showed on Friday, driven by rising food and transport costs and lifting annual inflation to within sight of the central bank’s year-end target.