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Brazilian leader Lula backs central bank, Petrobras autonomy after drop in approval
30 Jan 2025 21:59 GMT
BRASILIA: Brazilian President Luiz Inacio Lula da … ; amid growing market concerns over Brazil's rising public debt … measures to ease food-related inflation, Lula ruled out steps that … produce," he said.
The Brazilian real pared some earlier losses …
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Brazil's Lula vows to reciprocate potential Trump tariffs, makes market-friendly remarks
30 Jan 2025 18:23 GMT
… very simple: if he taxes Brazilian products, there will be … trade surplus with Brazil, which according to Brazil's government … tariff maker, and India, Brazil, so many countries," … measures to ease food-related inflation, Lula ruled out steps …
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Brazil’s central bank raises interest rate one point to 13.25%
30 Jan 2025 08:10 GMT
… Brazil, gestures during a press conference on the quarterly inflation … inflation. (Photo by Sergio Lima / AFP)
Brasília, Brazil — Brazil … significantly.”
Brazil closed 2024 with annual inflation at 4 … expectations on Monday indicated inflation would hit 5. …
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Brazil central bank hikes rates by 100 bps, confirms same in March
30 Jan 2025 01:47 GMT
… its commitment to taming inflation, Brazil’s central bank had … been enough to anchor inflation expectations, which have … Capital, said that deanchored inflation expectations would require the … futures remain elevated.
The Brazilian real has regained some …
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Brazil central bank hikes interest rate as Lula's woes mount
29 Jan 2025 23:29 GMT
… is struggling to curb high inflation.
The bank's … cycle will depend on whether inflation targets are met, and … increase significantly."
Brazil closed 2024 with annual inflation at 4.83 … market expectations on Monday indicated inflation would hit 5.50 …
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Brazil Boosts Key Rate by 1 Percentage Point, Keeps Guidance
29 Jan 2025 22:16 GMT
(Bloomberg) -- Brazil’s central bank lifted … necessary to rein in soaring inflation expectations. Most Read from Bloomberg … are facing a more challenging inflation scenario, and it makes … real, which drives up inflation expectations and makes imported goods …
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Brazil Central Bank Will Extend Interest Rate Hikes With Galipolo Fully in Charge
29 Jan 2025 10:28 GMT
… communique for any changes in inflation forecasts and language on public … they begin building inflation-fighting credentials.” — Adriana Dupita, Brazil and Argentina economist … next few months, Brazil’s rapidly worsening inflation outlook will likely “gain …
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Taxing the “super rich” pays off for Brazil's gov't
29 Jan 2025 09:46 GMT
… the middle class,” said Barreirinhas
Brazilian Finance Minister Fernando Haddad… justice,” Barreirinhas argued. According to Brazilian Government figures, the economy grew … the highest collection ever after inflation corrections since the category started …
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Bakers fear collapse as inflation weakens production
29 Jan 2025 01:32 GMT
… 39.84 per cent food inflation rate leaving the food … is, the raw sugar from Brazil and the bread improver [ … of the ripple effects of inflation. Families that once purchased … comes to one thing: inflationary rates.”
“Inflationary rates eat deep into people …
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Monetary Policy Walks a Tightrope Battling Inflation While Stifling Growth
29 Jan 2025 00:38 GMT
… years ago, Brazil faced a similar dilemma when inflation threatened to derail … heavily on production costs, leaving inflation stubbornly high. That experience uncovered … financial system without igniting runaway inflation.
Infrastructure-led growth has the …