Tag: Inflation

• Wednesday, April 17th 2019 - 09:58 UTC

  Argentina's inflation 54.7% in 12-months; more monetary “contraction measures” and support from IMF

  

  Argentina's inflation rate accelerated for the third straight month in March, the government statistics agency said on Tuesday, prompting the central bank to unveil fresh measures to temper raging inflation and protect the embattled peso currency.

• Friday, April 12th 2019 - 09:11 UTC

  Brazil inflation 0.75% in March and 4.58% in twelve months

  

  Brazil's inflation rate hit 0.75% in March, the fourth straight month of increases and the highest for the month since 2015 when it registered 1.32%, Brazil's National Institute of Geography and Statistics (IBGE) said on Wednesday.

• Saturday, April 6th 2019 - 09:43 UTC

  Trump again puts pressure on the Federal Reserve to lower interest rates

  

  United States president Donald Trump said on Friday the US Federal Reserve should lower interest rates and take other unconventional measures to ease pressure on an economy that he said they slowed down. “I think they should drop rates,” Trump told reporters. “I think they really slowed us down. There's no inflation.”

• Friday, April 5th 2019 - 09:26 UTC

  Argentines take to the streets under pouring rain to protest Macri’s austerity

  

  Argentine unions, small business owners and activists took to the rain-drenched streets of Buenos Aires on Thursday to protest against austerity measures under President Mauricio Macri, which they blame for amplifying worker hardships and sapping growth.

• Sunday, March 31st 2019 - 17:07 UTC

  Venezuela suffers the fifth mass blackout of the month

  

  A new massive blackout was recorded this weekend in Venezuela after a nationwide interruption of electricity service this Friday, which was slowly restored in main cities as Caracas. However, a new relapse of the supply occurred on Saturday night, affecting 16 states of the country - more than half.

• Wednesday, March 27th 2019 - 08:48 UTC

  Argentine financial markets jittery over October elections uncertainty

  

  Investors in Argentina are starting to get the jitters. The gap in yield between local and U.S.-issued bonds has roughly doubled in the last month in the face of stubborn inflation and mounting peso outflows, heaping pressure on President Mauricio Macri ahead of elections later in the year.

• Saturday, March 16th 2019 - 10:15 UTC

  IMF prepared to help Argentina stabilize exchange market volatility in election year

  

  Argentina’s central bank wants to license market makers to help stabilize its embattled peso currency when the Treasury starts newly announced dollar sales in April. The bank hopes the market makers, dealers who agree to buy and sell at set prices, would bolster liquidity in the exchange market to help avoid the sharp gyrations the peso has suffered in recent weeks when it hit a record low of 42.5 pesos per dollar in thin trading.

• Wednesday, March 13th 2019 - 08:12 UTC

  Brazil February consumer prices rose 0.43%, and 3.89% in twelve months

  

  Consumer prices in Brazil rose at a slightly faster pace than expected in February due to a rise in private education fees and food and beverage prices, statistics agency IBGE said on Tuesday. On a monthly basis, inflation rose by 0.43% in February, IBGE said, more than the expected 0.39% and up from 0.32% a month earlier.

• Thursday, February 14th 2019 - 09:13 UTC

  UK January inflation at at two-year low and below target

  

  British annual inflation hit a two-year low point in January, undershooting the Bank of England’s 2.0 per cent target on falling oil and other energy costs, official data showed on Wednesday.

• Wednesday, February 13th 2019 - 09:41 UTC

  Stable low inflation and expansion forecasted by Brazilian financial market

  

  Brazil's financial market has cut its forecast of the country's inflation rate from 3.94 to 3.87 percent for 2019 and kept the rate at 4% for 2020, the Central Bank of Brazil reported. According to the Focus survey conducted by the bank among Brazil's main financial institutions, the forecasts are within the official target of 4.25 percent, with a tolerance margin between 2.75 percent and 5.75 percent.