DIRS.INFO top alerts submit data jurnalism about API
login
Top related persons:
Adriano Machado - 1 decelerate - 1 Yan Barros - 1 Niño - 1 Gabriel Burin - 1 Andrew Cawthorne - 1 Fabio Araujo - 1 Araujo - 1
Top related locs:
Brazil Brasilia El Brazilian Israel Australia India Brazil's
Top related orgs:
Thomson - 2 REUTERS - 1 Ace Capital - 1 Petrobras - 1 PETR4 - 1 Banco - 1 Brasil - 1 Machine - 1

Search resuls for: "Banco Central"


4 mentions found


☆ Brazil's consumer prices forecast to have risen faster in Sept.- Reuters poll
  + stars: | 2023-10-10 | by ( Gabriel Burin | ) www.reuters.com   time to read: +2 min
A man pays a vendor at a fruit stand, at a supply centre (CEASA) in Brasilia, Brazil May 9, 2023. REUTERS/Adriano Machado/File Photo Acquire Licensing RightsOct 10 (Reuters) - Brazil's consumer prices likely rose faster in September, led by hikes in gasoline costs that should have brought annual inflation to the highest rate in seven months, a Reuters poll of economists showed. While it is expected to decelerate again, risks are increasingly tilted to the upside from the potential impact of the El Niño weather pattern on agricultural output which has been abundant so far this year. Brazilian state-run company Petrobras (PETR4.SA) has been raising fuel prices following movements in international oil markets in recent weeks. Higher oil prices and weather risks, combined with worries over Brazil's fiscal issues and steeper U.S. yields, have kept inflation expectations at undesirable levels, slightly above official goals.
Persons: Adriano Machado, decelerate, Yan Barros, Niño, Gabriel Burin, Andrew Cawthorne Organizations: REUTERS, Ace Capital, Petrobras, PETR4, Banco, Brasil, Thomson Locations: Brasilia, Brazil, El, Brazilian, Israel, Australia, India, Brazil's
☆ Privacy, market maturity hurdles facing Brazil's CBDC rollout -cenbank official
  + stars: | 2023-08-29 | by ( Lisa Pauline Mattackal | ) www.reuters.com   time to read: +2 min
Aug 29 (Reuters) - Maintaining privacy and increasing understanding of blockchain technology are primary issues to solve before Brazil's central bank digital currency (CBDC) is ready for widespread use, the central bank's coordinator of the project said on Tuesday. Named DREX, the digital real is set for a first phase launch aimed at financial institutions in May 2024, though postponed from an initial planned launch in February. "We need to ensure that the privacy is compatible with the law," he told the Reuters Global Markets Forum. Market maturity is another important issue to solve as the central bank wants businesses to develop new use cases for the technology, Araujo said. The Atlantic Council says 130 countries are in some process of exploring a CBDC, with 21 in the pilot stage.
Persons: Fabio Araujo, Araujo, Lisa Mattackal, Divya Chowdhury, Marcela Ayers, Lincoln Organizations: Machine, Banco Central, Reuters Global Markets, Atlantic Council, Bank for International, Thomson Locations: Brazil, Mexico, Singapore, Bangalore, Mumbai
☆ Brazil inflation seen staying high in March on rising gasoline costs
  + stars: | 2023-04-10 | by ( Gabriel Burin | ) www.reuters.com   time to read: +2 min
April 10 (Reuters) - Brazil's inflation likely stayed high in March on rising gasoline bills, reigniting cost of living problems in the country's stagnant economy and probably stoking more disagreement over policy, a Reuters poll showed. Consumer prices cooled in the second half of 2022 in reaction to an aggressive tightening campaign by the central bank. But inflation pressures reemerged after President Luiz Inacio Lula da Silva took office at the start of this year. This would stand very close to the 0.84% rate in February, which had been the quickest in 10 months. A 0.77% inflation rate in March would result in a cumulative 2.2% clip in the first quarter, well on course to surpass this year's goal of 3.25% with a margin of 1.5 percentage points.
☆ The Fed and other central banks could deliver a 'Santa Pause' rally for global stocks this year as they dial back the size of rate hikes, Schwab says
  + stars: | 2022-11-08 | by ( Carla Mozée | ) www.businessinsider.com   time to read: +3 min
A "Santa Pause" rally for stocks may be taking shape as central banks signal a step-down in rate hikes, Charles Schwab said. The Fed and the BoE are among those indicating they're considering less aggressive rate hikes in the future. The Federal Reserve is among the central banks over the past week that has indicated a slower pace of rate increases. BoE's comment came as it kicked up its benchmark rate by 75 basis points, the largest increase in 33 years. The Bank of Canada last month unexpectedly raised its overnight rate by 50 basis points instead of an anticipated 75 basis points.
0 next >>
Total: 4