ECONOMIC INDICATORS Central Bank cuts interest rate to 70%, markets see inflation easing 12-04-2024 10:22 Argentina’s Central Bank cuts main interest rate to 70% from 80% – the third time since President Javier Milei took office.
ECONOMIC INDICATORS Brazil’s economic activity caps 2023 with better-than expected growth 19-02-2024 14:05 Brazil’s economy grew more than expected in December, indicating activity is still showing some resilience to high interest rates as President Luiz Inacio Lula da Silva readies higher government spending.
INTEREST RATES Central Bank hikes rate to 133% on inflation data 12-10-2023 23:39 Argentina’s Central Bank sharply raises key rate to 133%, sixth hike this year.
POLICYMAKERS MEET Central Bank to keep key interest rate unchanged despite surging inflation 14-09-2023 00:46 Central Bank board will likely keep its key interest rate unchanged because policymakers expect slowing price pressures later on in the year.
ECONOMIC INDICATORS Brazil inflation accelerated in August to 4.61% 12-09-2023 14:54 Brazil’s inflation rate rises for second straight month in the wake of trimming of rates by central bank, but food prices decrease.
Economy Brazil’s economic activity tumbles past all forecasts 17-07-2023 19:57 Brazil's economy shrank more than expected in May, but President Lula's government's reforms and anticipated rate cuts have raised investor optimism.
MONETARY POLICY Central Bank expects to hold benchmark rate through primary vote 05-07-2023 22:34 Economists surveyed by Argentina’s Central Bank see prices rising 149% annually by the end of this year and a 3% contraction in GDP.
ECONOMIC POLICY First South American central bank to cut says caution needed 09-06-2023 12:31 Uruguay to keep restrictive policy even with more rate cuts; Economy will probably grow around 2% this year.
BLOOMBERG - ANALYSIS JP Spinetto: Lula’s dreams ignore Brazil’s economic reality 31-05-2023 21:01 Brazil’s president talks a lot about the need for a united political front in Latin America, but he should focus on trade and economic integration.
FIGHT AGAINST INFLATION Central Bank ramps up interest rate to 97% as inflation soars 15-05-2023 14:37 Argentina's Central Bank hiked its base interest rate Monday by six points to 97 percent, the first in a series of measures to tackle soaring inflation ahead of October's general election.
MONETARY POLICY Central Bank sharply raises key rate to 91% amid peso slump 27-04-2023 15:33 Central Bank dramatically raises benchmark interest rate by 1,000 basis points, boosting key Leliq rate to 91% in bid to cope with inflation and economic crisis.
MONETARY POLICY Central Bank lifts rate to 81% as inflation jumps 20-04-2023 15:58 Argentina's Central Bank raises its benchmark interest rate by 300 basis points to 81% in response to March inflation data.
URUGUAY Uruguay leads Latin America with first rate reduction 19-04-2023 21:06 Uruguay becomes first inflation-targeting country in Latin America to start lowering borrowing costs after economy entered technical recession towards end of last year.
REGIONAL ECONOMY Latin America’s policy-makers warn investors of long fight against inflation 17-04-2023 17:08 Battle against inflation will take longer than expected, the region top economic authorities said at IMF Spring Meetings.
MONETARY POLICY Central Bank to hold benchmark rate despite March inflation fears 12-04-2023 22:59 Argentina’s Central Bank is set to keep its benchmark interest rate unchanged, despite expectations that upcoming inflation data will show prices accelerated last month.
CENTRAL BANK Argentina raises key rate to 78% for first time since September 16-03-2023 17:43 Argentina raised its benchmark rate on Thursday for the first time since September after annual inflation surpassed 100%.
CENTRAL BANK Argentina considers first rate hike since September after inflation hit 103% 16-03-2023 08:58 Argentina’s Central Bank is considering raising its benchmark rate for the first time since September, according to two people with direct knowledge.
INTEREST RATES Central Bank poised to hold the key rate at 75% into next year 30-11-2022 08:34 Central Bank tracking suggests monthly inflation could slow to about 5.5% in November, down from 6.3% in October.
economy Central Bank hikes interest rates to 75% as inflation nears 100% 15-09-2022 23:17 Central Bank boosts benchmark Leliq rate by 5.5 percentage points to 75% in a bid to prop up its currency and curb inflation.
FEATURE Cash-strapped Argentina goes all or nothing on new economy chief 15-09-2022 15:55 New ‘super’ minister has undoubted political clout and scored early wins in Washington – but Sergio Massa’s presidential ambitions depend on avoiding economic meltdown
BLOOMBERG - ANALYSIS Inflation hits 79% ahead of likely rate hike 15-09-2022 15:20 Annual inflation in Argentina surged to 78.5 percent in August, almost certainly cementing another Central Bank interest rate hike as early as this week.
INTEREST RATES Central Bank set to hike rates again on price spike 01-09-2022 01:54 Central Bank set to increase benchmark Leliq rate again next month as annual inflation rises above 70%.
CENTRAL BANK Argentina raises key interest rate to 69.5% in biggest hike since 2019 11-08-2022 16:40 Argentina’s Central Bank raises benchmark Leliq rate in largest hike in almost three years, signalling a more aggressive stance against surging inflation.
BLOOMBERG Central Bank holds key rate at 52% amid faster inflation 15-07-2022 13:11 Decision to maintain the key rate at 52% takes financial markets by surprise.
MONETARY POLICY Argentina raises benchmark rate to 52% as inflation stays hot 16-06-2022 16:54 Central Bank raises benchmark interest rate for the sixth time this year as the government struggles to cool inflation expectations.
WORLD ECONOMY How do interest rates affect the real economy? 16-06-2022 12:42 Faced with the highest inflation in four decades, central banks in the United States, eurozone and UK are hiking interest rates in order to contain inflation.
FEATURE With 58% inflation, nobody in Argentina knows the price of anything 31-05-2022 12:47 With inflation at 58% and accelerating, Argentina's economy is an outlier even in a world where prices are taking off almost everywhere.
BLOOMERG Central Bank raises key rate to 49% as inflation jumps 12-05-2022 20:19 Central Bank to raise interest rates for the fifth time this year in a bid to keep up with rising inflation.
Inflation & Currency Closing the 'escape valve' – Venezuela pursues de-dollarisation 06-05-2022 10:45 Venezuela is now trying to re-energise its own currency, the bolívar, which has been crippled by devaluation in recent years.
BRAZILIAN ECONOMY Brazil hikes key interest rate 10th straight time 04-05-2022 21:13 Brazil's Central Bank raises key interest rate for the 10th straight time, trying to tame surging inflation that has proved tough to slow for policy makers.