Brazil's annual inflation came in slightly below market forecasts in December but still ended 2024 above the upper limit of the central bank's target range, with policymakers tightening monetary ...
Brazil's central bank will raise its benchmark interest rate by 100 basis points on Jan. 29, with more to increases follow, taking the cost of borrowing to the highest in nearly two decades by ...
Brazil’s inflation rate rose to a one-year high in October Brazil’s annual inflation rate jumped to 4.76% in October 2024, the most in a year, up from 4.42% in September and estimates of 4.72%.
Brazil economists raised their forecasts for the benchmark interest rate and inflation at the end of next year as factors including a weak currency make consumer price pressures hard to tame.
Brazil closed 2024 with annual inflation at 4.83 percent, pushed above target by higher food prices after a year in which crops were hard hit by floods and drought, official data showed Friday.
(Bloomberg) -- Brazil’s annual inflation unexpectedly slowed in early December as energy costs dropped, giving central bankers limited relief as they pledge two more jumbo interest rate hikes by ...
Brazil economists raised their 2025 inflation ... It was the 11th straight upward revision to next year’s estimate. Annual inflation will stand at 4.9% this month, down slightly from the prior ...
Analysts see consumer price increases at 4.84% next year, above the central bank’s 4.5% tolerance range ceiling. Annual inflation is seen at 4% in 2026 and 3.8% in 2027, both above the 3% target ...
BRASILIA, Dec 27 (Reuters) - Brazil's consumer prices rose less ... to lead economists to foresee a better outlook for inflation. Annual inflation reached 4.71% in mid-December, exceeding the ...
Brazil's annual consumer inflation came in at 4.61% in August, accelerating from the year-on-year gain of 3.99% in July. Inflation is expected to average 5% in 2023 and 3.5% in 2024, according to ...
Board members led by Roberto Campos Neto are considering, on one hand, the delayed economic impact of past rate hikes, and growing investor anxiety about Brazil’s weakening spending outlook on ...
The Brazilian economy faces significant challenges in 2024, including high inflation, rising interest rates, and a devalued currency, which has led to a sharp drop in EWZ. Fiscal policies under ...