Trading news

Brazil's central bank to tackle uncertainty

Brazil's central bank to leave rates stable

Brazil's central bank, in its attempts to tackle the expectations for high inflation and political uncertainty, will likely leave rates stable.

Forty-two out of forty-three analysts estimate that the central bank will keep the Selic rate, for the eighth consecutive time, at 14.25%.

Brazil's CB new governor to manage inflation

Ilan Goldfajn, new central bank governor, in tackling inflation expectations, vowed to keep the rates close to 10-year highs.

According to Brasil Plural's, Sao Paulo-based broker, statement, the monetary flexibility is facing barriers, such as complex political environment, high inflation, and uncertainty on economic reforms.

Read More

Wednesday, 20 Jul, 2016 / 7:41

Note: Company News is a promotional service of the Directory and the content isn't created by Finance Magnates.

Source : https://www.argusfx.com/en/research-education/market-analysis/news/brazil-s-central-bank-to-tackle-uncertainty

Trading news

 

PROCTER & GAMBLE SHARES SPIKE ON EARNINGS BEAT

Following the easing of covid-19 restrictions in the several parts of the [...]

Posted on Monday, 02 Aug, 2021 / 11:53 under

Can US ISM Manufacturing PMI Bring Back Market Optimism?

Usually, after companies report their corporate earnings, traders want to see [...]

Posted on Monday, 02 Aug, 2021 / 11:19 under

Dollar stabilizes, stocks recover ahead of busy week

  Dollar trades quietly as traders brace for nonfarm payrolls [...]

Posted on Monday, 02 Aug, 2021 / 8:57 under