Tag: interest rate

Thursday, June 20th 2019 - 08:50 UTC
Brazil central bank leaves benchmark rate at 6.50%; forecasts of 5.50% by December

Brazil’s central bank held its benchmark interest rate at a record-low 6.50% on Wednesday, as expected, holding back from signalling looser policy because of doubts on economic reforms. The scenario outlined by policymakers was one of anaemic economic growth and high levels of economic slack putting downward pressure on inflation at home, plus the prospect of interest rates coming down in major developed economies.
Monday, December 24th 2018 - 08:54 UTC
US banks confirm “ample liquidity”, following Wall Street markets' plunge

United States Treasury Secretary Steven Mnuchin has made calls to the heads of the country's six largest banks, a move to reassure investors after huge falls in US stocks. Last week, US stocks suffered one of the worst weekly falls in a decade as an interest rate rise and US-China trade tensions rattled markets.
Wednesday, October 24th 2018 - 08:34 UTC
Trump again bashes the Fed, saying it posed the biggest risk to the US economy

United States president Donald Trump has sharpened his attacks on the Federal Reserve, saying it posed the biggest risk to the US economy. He also targeted Fed chairman Jerome Powell, telling the Wall Street Journal he seemed “happy” to be raising interest rates.
Thursday, October 11th 2018 - 09:08 UTC
US markets suffer their sharpest one-day fall: fears of interest rates, inflation and trade tensions

United States share markets suffered on Wednesday their sharpest one-day falls in months, as fears about rising interest rates, inflation, trade tensions intensified. The tech-heavy Nasdaq led the declines, sliding 4%, or 315.9 points, to 7,422. The Dow Jones and S&P 500 also fell by more than 3%, with losses accelerating towards the end of the day. Netflix fell 8%, while Amazon slid 6%.
Friday, September 28th 2018 - 08:58 UTC
Brazilian currency strengthens below 4 to the dollar: first time in five weeks

The Brazilian currency dipped under four Real to the dollar for the first time in five weeks at close on Thursday as the markets reacted favorably to the emergence of two clear presidential election frontrunners. The Real closed at 3.99 to the US dollar just two weeks after hitting a record low of almost 4.2 to the dollar -- it's lost around 17% since the start of the year.
Thursday, May 22nd 2014 - 00:31 UTC
Fed minutes confirm a retreat from easy monetary policy; concerns regarding job creation

Federal Reserve policymakers last month began laying groundwork for an eventual retreat from easy monetary policy with a discussion of how to best control interest rates as they remove trillions of dollars from the financial system.
Wednesday, August 8th 2012 - 06:47 UTC
Poll shows deeper interest rates cuts expected from the Brazilian central bank

Weak economic growth will likely prompt Brazil's central bank to cut interest rates deeper than previously expected this year, a weekly central bank survey of economists showed on Monday.
Tuesday, December 13th 2011 - 22:27 UTC
Chile leaves benchmark interest rate unchanged for sixth straight month: 5.25%

Chile’s central bank kept its benchmark interest rate unchanged for the sixth straight month at 5.25%, as slowing global growth shows little sign of damping inflation and demand in the world’s biggest copper producer.
Thursday, December 1st 2011 - 06:02 UTC
Brazil has the highest real interest rate among 40 leading economies

The Brazilian Central bank latest decision to lower the basic interest rate by half a percentage point to 11%, confirms Brazil leadership as the country with the highest real interest rates in the world. An honour it has held interruptedly for the last 23 months.
Thursday, October 27th 2011 - 15:50 UTC
Brazilian central bank suggests ‘moderate’ cuts to interest rates

Brazil’s central bank said slowing global growth will have a large enough disinflation impact and allow policy makers to carry out “moderate” cuts to interest rates.