Brazil: CPI brings good news, but demand-sensitive services inspire caution.
The average of the five core measures closely monitored by the Central Bank (BC) stood at 0.15%, after rising by 0.5% in the previous month. Full Article
Brazil: Long-term real interest rates reach nearly 6%, the highest level since October.
Market real interest rates, derived from inflation-linked bonds for August 2050, have risen from 5.47% at the beginning of the year to 5.93% Full Article
Brazil: Intervention “had nothing to do with currency movement,” says CB president.
Yesterday the CB clearly intervened. Traders were concerned about the possibility of a more aggresive stance from now on. Full Article
Brazil should seize the opportunity during its presidency of the G20 to join the OECD, says CFR
Membership in the organization, in turn, would bring significant benefits to Brazil in the eyes of global investors. Full Article
Brazil: Bringing inflation to target with the lowest possible social cost, says CB president.
He cited countries like Argentina and Turkey, where higher inflation led to inequality. Full Article
Official data shows Brazil opened 306,111 formal job positions in February.
The data is part of the General Registry of Employed and Unemployed and was released by the Ministry of Labor. Full Article
Brazil: Uncertainty may slow down pace of interest rate cuts.
Since the beginning of the easing cycle in August 2023, the Copom had been cutting the Selic rate target by 0.5 percentage points. Full Article
The Central Bank of Brazil cuts interest rates to their lowest level in two years.
Cuts have been moderate, contrary to the requests made by Brazil's President, Lula da Silva, who has been pressing for more reductions. Full Article
“Super Wednesday” of decisions from the Fed and the Brazilian Copom
In the case of Brazil, the Central Bank (BC) is expected to announce a new 0.5 percentage point cut in the Selic rate. Full Article
Positive day for the Brazilian markets, contrary to the overall tone of the day.
The Ibovespa rose 0.17% to 127,129 points, while the dollar advanced 0.20%, trading at R$ 5.035. Full Article
Lula, president of Brazil, says Brazil at ‘serious risk’ of suffering a coup.
"We narrowly avoided returning to dark times, with the participation of some military personnel, Bolsonaro could have gained power". Full Article
Eletrobras reverses losses and earns R$ 893 million.
The earnings before interest, taxes, depreciation, and amortization (EBITDA) totaled 1.05 billion reais. Full Article
Brazil: The Human Development Index (HDI) has risen again after two years
This is shown in the Human Development Report (HDR), released this Wednesday (13) by the United Nations Full Article
Brazil: Inflation rises by 0.83% in February, above expectations
The market swiftly responded to the news with the Real depreciating to 4.98 units per dollar. Full Article
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