Central Bank Cuts Interest Rates in Half-Point Move
Brazil central bank raises rates by 25 bp, first hike in two years
Brazil's central bank kicked off an interest rate-hiking cycle on Wednesday with a 25 basis-point increase, as expected, and signaled more increases ahead to tackle a challenging inflation outlook driven by stronger-than-expected economic activity.
Brazil Braces for Hawkish Central Bank Chief Just as Fed Readies Rate Cuts
The new power broker in Brazil’s central bank, Gabriel Galipolo, has made a radical transformation to anti-inflation crusader over the past few weeks. In so doing, Galipolo, who’s been tapped to take the top job at the bank,
Brazil Is Set to Raise Interest Rates Hours After Fed Cuts Them
Brazil’s central bank will likely raise interest rates for the first time since 2022 as a heated economy and above-target inflation forecasts make it an outlier in a global easing push emboldened by the Federal Reserve.
Brazil central bank to hike rates by 25 basis points on Sept 18
Brazil's central bank will raise its benchmark rate by 25 points next Wednesday at what will likely be the start of a short tightening campaign to quash persistent inflationary trends, moving the opposite way to its peers,
Interest Rates Fall, but Central Banks Are No Longer in Lock Step
Officials in some countries started cutting rates last year, but others, including those in Europe and the United States, have taken a more cautious approach.
It's Not Just the Fed. This Week Is a Central-Bank Bonanza
A swath of central banks followed the Federal Reserve in issuing interest-rate decisions, though several held policy steady: The Bank of England held rates at 5%, as expected. Like the European Central Bank and others,
Fed Meeting Today: Central Bank Cuts Interest Rates in Half-Point Move
Follow live coverage of the Federal Reserve's September policy meeting, including the interest-rate decision, summary of economic projections, and Chairman Jerome Powell's news conference today.
UAE Central Bank joins Fed in cutting interest rates
The UAE Central Bank cut its benchmark interest rate on Wednesday, joining the US Federal Reserve in cutting the policy rate for the first time in four years. After hitting the pause on increasing interest rates since July last year,
Brazil’s Real Jumps After Central Bank Delivers Hawkish Hike
Brazilian markets rallied on Thursday as the central bank’s unanimous decision to raise interest rates — and a statement ...
Brazil Central Bank Lifts Its Interest Rate and Signals More Hikes Ahead, Bucking Global Trend
Brazil’s central bank raised its interest rate by a quarter-point and said more hikes are coming on resilient growth and ...
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Brazilian central bank raises Selic rate to 10,75%, fearing inflation resurgence
While the United States Federal Reserve decided to cut its reference interest rate arguing inflation was under control, ...
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Brazil’s Central Bank Resumes Hiking as Inflation Remains High
Brazil’s central bank raised interest rates for the first time in two years, just hours after the U.S. Federal Reserve ...
Brazil's central bank says forgotten bank funds can't help meet fiscal target
Brazil's central bank said that forgotten funds held by financial institutions could not be classified as primary revenue, ...
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MNI BRIEF: Brazil's Copom Hikes Selic Rate By 25BP To 10.75%
The Central Bank of Brazil (BCB) unanimously decided to raise its official Selic rate by 25 basis points to 10.75% Wednesday, ...
Central Banks Around the World Are Easing Their Aggressive Stance
Inflation has fallen in most developed nations, and central bank officials are now trying to steer their economies toward a ...
Stock Market Today: Dow finishes above 42,000 for first time in history after Fed's big rate cut
Stocks are rallying hard following the Fed's interest-rate cut, but one portfolio manager believes Fed Chair Jerome Powell left investors with more questions than answers on Wednesday. Markets could ...