Tag: interest rates

• 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.

• Saturday, November 28th 2020 - 08:52 UTC

  Producer inflation in Brazil rose 3,4% in October and 19,1% in twelve months

  

  Producer price inflation in Brazil jumped to its highest on record in October, figures showed on Thursday, led by another month of rising food prices, which will likely stir the debate further on the wider outlook for inflation and interest rates.

• Monday, March 16th 2020 - 11:19 UTC

  G7 global rescue: Fed cuts rates to almost zero and launches US$ 700bn stimulus program

  

  The US has cut interest rates to almost zero and launched a US$ 700bn stimulus program in a bid to protect the economy from the effect of coronavirus. It is part of a coordinated action announced on Sunday in the UK, Japan, the Eurozone, Canada, and Switzerland.

• Thursday, March 12th 2020 - 07:35 UTC

  Coronavirus: Bank of England cuts interest rate 50 basis points to 0.25%

  

  The Bank of England (BOE), the UK's central bank, cut interest rates by 0.5 percentage points on Wednesday morning as part of an emergency response to the coronavirus, or COVID-19.

• Thursday, November 21st 2019 - 09:21 UTC

  Fed dismisses the idea of negative interest rates, despite Trump's insistence, according to released minutes

  

  US central bankers last month dismissed the idea of taking interest rates into negative territory, something President Donald Trump has called for many times, according to meeting minutes released on Wednesday.

• Thursday, October 10th 2019 - 09:50 UTC

  Deflation in Brazil: consumer prices during September slipped 0.04%

  

  Brazilian consumer price inflation fell to its lowest in more than a year in September, official figures on Wednesday showed, a reading below the central bank’s target that is likely to strengthen expectations of another cut in interest rates.

• Saturday, September 14th 2019 - 21:56 UTC

  ECB slashes rates to its lowest and introduces quantitative easing to stimulate the European economy

  

  The European Central Bank announced a sweeping round of stimulus for the continent's slowing economy, cutting interest rates to their lowest ever level and introducing a round of quantitative easing.

• Friday, September 6th 2019 - 09:50 UTC

  Fed estimates US/China trade war could cost US$ 850bn in lost global trade

  

  Trade policy uncertainty driven by the Trump administration's escalating dispute with China means hundreds of billions of dollars in lost U.S. output and as much as US$850 billion lost globally through early next year, research published this week by the Federal Reserve suggests.

• Thursday, June 20th 2019 - 09:00 UTC

  Divided Fed says no rates changes until 2020; criticism from Trump expected

  

  A divided Federal Reserve held the line on interest rates Wednesday and indicated formally that no cuts are coming in 2019. The decision came amid divisions over what is ahead and still leaves open the possibility that policy loosening could happen before the end of the year depending on how conditions unfold.

• Wednesday, June 5th 2019 - 09:41 UTC

  Federal Reserve prepared to cut rates if trade conflicts threaten US economy

  

  Chairman Jerome Powell said on Tuesday that the Federal Reserve is prepared to respond if it decides the Trump administration's trade conflicts are threatening the U.S. economy. Investors read his remarks as a signal that the Fed will likely cut interest rates later this year.