Tag: interest rates

• Wednesday, April 13th 2011 - 17:06 UTC

  Chile raises basic rate to 4.5%, but more on the pipeline says Capital Economics

  

  The Central Bank of Chile (CBC) hiked interest rates by 50bps to 4.5% on Wednesday but with the near-term outlook for growth very good and inflation likely to top 5% in Q4, further policy tightening is on the way, reports Capital Economics that estimates rates to reach 6% by year-end.

• Thursday, April 7th 2011 - 19:05 UTC

  Euro zone raises interest rate fearing inflation; “sorry peripheral countries”

  

  Euro-zone interest rates have been raised to 1.25% from the record low of 1% by the European Central Bank (ECB). Interest rates had been held at 1% for just under two years following the financial crisis and global recession.

• Thursday, March 3rd 2011 - 18:54 UTC

  Brazil’s basic interest rate forecasted to increase 50 points to 12.25% in April

  

  Brazil Wednesday central bank decision to raise interest rates by 50bps to 11.75% was widely expected but significant for two reasons, according to a report from Capital Economics .