Larissa Garcia

1 month ago | marketnews.com | Larissa Garcia

Brazil's central bank advisor Bruno Pires Tiberto talks to MNI about his paper on central bank independence. MNI (BRASILIA) - An independent central bank reduces the negative impacts of inflation on income inequality and poverty, Central Bank of Brazil advisor Bruno Pires Tiberto told MNI after authoring a paper on the issue, adding that a proposed new legislative change could raise the BCB’s level of autonomy to among the highest in the world.

1 month ago | marketnews.com | Larissa Garcia

MNI is the leading provider of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

1 month ago | marketnews.com | Larissa Garcia

The Central Bank of Brazil's board meets Wednesday to decide on the next steps in monetary policy. MNI (BRASILIA) - The Central Bank of Brazil is expected to hike its official Selic rate by another 100 basis points to 14.25% on Wednesday, following the forward guidance in its last decision and marking the fifth consecutive increase.

1 month ago | marketnews.com | Larissa Garcia

MNI (BRASILIA) - The Central Bank of Argentina is likely to keep its interest rate on hold at 29% while it is negotiating with the International Monetary Fund (IMF), former BCRA director and board member Enrique Szewach told MNI, adding that any significant additional monetary easing could hit bond markets. "Now the central bank has to operate differently because if it sharply lowers the monetary policy rate and the public sector’s borrowing rate, it may struggle to roll over public debt.

1 month ago | marketnews.com | Larissa Garcia

In monthly terms, inflation was 1.31%, the highest for February since 2003. MNI (BRASILIA) - Brazil's IPCA inflation measure rose to 5.06% in February, slightly above the 5% consensus and up from 4.56% in January, the Brazilian Institute of Geography and Statistics (IBGE) said Wednesday. The increase was driven by rising energy costs. Inflation remains above the upper limit of the Central Bank of Brazil's 3% target range, which allows for a 1.5-percentage-point deviation in either direction.