DIRS.INFO top alerts submit data jurnalism about API
login
Top related persons:
Luiz Inacio Lula da Silva's - 1 Fernando Haddad - 1 Kennedy Alencar - 1 Haddad - 1 Simone Tebet - 1 Lula - 1 Gabriel Galipolo - 1 Ailton Aquino - 1
Top related locs:
BRASILIA RIO RIO DE JANEIRO Rio de Janeiro Brazil Brasilia
Top related orgs:
RIO DE - 1 Finance - 1 Reuters Graphics Reuters - 1 Thomson - 1

Search resuls for: "Gabriel Galipolo"


3 mentions found


☆ Brazil economic team supports interest rate cut of more than 25bps
  + stars: | 2023-07-13 | by ( Bernardo Caram Rodrigo Viga Gaier | Bernardo Caram | Rodrigo Viga Gaier | ) www.reuters.com   time to read: +3 min
"Everyone is expecting a rate cut," Finance Minister Fernando Haddad noted in an interview with RedeTV journalist Kennedy Alencar. Planning Minister Simone Tebet was even more emphatic, saying at an event in Rio de Janeiro that the central bank must start its easing cycle with a 50-basis-point cut. She said high interest rate levels were hurting the retail sector. However, they still diverge on the size of the cut, with 55% of those polled betting on a 25 basis point move while 32% expect a 50 basis point cut. On Thursday, Lula himself renewed calls on the central bank to cut interest rates.
Persons: Luiz Inacio Lula da Silva's, Fernando Haddad, Kennedy Alencar, Haddad, Simone Tebet, Lula, Gabriel Galipolo, Ailton Aquino, Lula's, Bernardo Caram, Rodrigo Viga Gaier, Gabriel Araujo, Steven Grattan, Josie Kao, Frances Kerry Organizations: RIO DE, Finance, Reuters Graphics Reuters, Thomson Locations: BRASILIA, RIO, RIO DE JANEIRO, Rio de Janeiro, Brazil, Brasilia
☆ Brazil's Haddad backs longer-term target for inflation, no talk of goal change
  + stars: | 2023-05-05 | by ( ) www.reuters.com   time to read: +2 min
BRASILIA, May 5 (Reuters) - Brazilian Finance Minister Fernando Haddad said on Friday that he favored taking a long-term view of inflation and that the central bank could begin cutting interest rates. He added, however, that the government could not pre-empt any decision on changing the inflation targets set by the National Monetary Council consisting of himself, the planning minister, and the central bank governor. "I think continuous inflation targeting is much better than looking at the calendar year," Haddad said in an interview with CBN radio. The central bank, meanwhile, has suggested the discussion may have raised inflation expectations, requiring interest rates to remain at 13.75%, the highest they have been in the current cycle. Haddad reiterated criticism of the central bank, saying the bank could already begin cutting rates.
☆ Explainer: What Brazil and Argentina's 'currency union' really means
  + stars: | 2023-01-23 | by ( Marcela Ayres | ) www.reuters.com   time to read: +3 min
BRASILIA, Jan 23 (Reuters) - Brazil and Argentina sparked some excitement on Sunday over the possibility of a potential "currency union", though the two countries are unlikely to ditch the real or peso any time soon. That sparked off chatter about a European Union-style zonal currency for South America, though officials have since played that down and analysts say a full-on currency union is a distant prospect. Under the plan, the Brazilian real and Argentine peso would continue to exist, with the new tender targeted narrowly at trade. That is key for Argentina, which is grappling with low foreign currency reserves after years of debt crises. In 2019, former Brazilian President Jair Bolsonaro touted plans for a currency union, which also never materialized.
0 next >>
Total: 3