Brazil Central Bank Chief Defends Decision to Slow Rate Cuts

Brazil’s central bank chief justified his decision to change the institution’s written guidance on interest rates during a public speech, one day after another board member said such a move should have been discussed with the whole board and communicated through more formal channels.

BNN BloombergMay 15 11:34 ET

Brazil's Economic Activity Posts First Monthly Drop This Year

Brazil’s economic activity dropped for the first time this year as central bankers pledge more restrictive monetary policy to assure inflation slows back to target.

BNN BloombergMay 15 10:31 ET

Brazil Central Bank Sees More Restrictive Rates After Split Monetary Policy Vote

Brazil’s central bank said more restrictive rates are needed to fulfill its commitment to hitting the inflation target, according to the minutes to its split decision on borrowing costs that rattled investors.

BNN BloombergMay 14 08:19 ET

Brazil Traders Shy From Bets on Rate Cuts They Think Are Coming

A central bank statement that underscored friction within the board tainted the pricing of Brazil’s swap curve, which is showing fewer cuts than traders and analysts think it should.

BNN BloombergMay 13 14:55 ET

China's Consumer Prices Rise For Third Month in April

China's consumer prices edged up for a third straight month in April, exceeding market expectations, according to data from the National Bureau of Statistics released on Saturday. The Consumer Price I

MT NewswiresMay 12 23:47 ET

Inflation Accelerates in Brazil, Could Remain Volatile -- Market Talk

Inflation in Brazil could be volatile in the short run after recent catastrophic flooding in parts of the country, Warren Rena economists say in a note.

WSJMay 10 09:42 ET