BRLCNY BRL/CNY
- 1.3806
- -0.0086-0.62%
BRL/CNY News
National Bureau of Statistics: The official manufacturing PMI was 49.5% in May, and enterprise production continued to expand
The production and operation activities of enterprises have maintained the trend of resuming development
Brazil's Fiscal Deficit Seen Keeping Inflation Expectations High -- Market Talk
It may be getting harder for Brazil's central bank to bring interest rates down to single digits this year.
Brazil Unemployment Falls, Likely Complicating Further Interest Rate Cuts
Brazil’s jobless rate fell more than expected, reversing a recent up tick and likely stoking unease among policymakers that a tight labor market could complicate further monetary easing.
Brazil Consumer Prices Rise Less Than Forecast
Brazil’s annual inflation eased more than expected in early May, adding to economists’ expectations that policymakers have enough wiggle room to cut borrowing costs again in June before pausing their easing cycle.
Analyst: Brazil's inflation will accelerate upward in 2024-2026 as the economic outlook is expected to be bleak
Brazilian analysts raised the 2024-2026 inflation forecast further to higher than the Bank of Brazil's target level, which may narrow the room for policymakers to continue cutting interest rates.
Brazil Analysts See Faster Inflation Through 2026 as Outlook Dims
Brazil’s central bank chief said consumer price forecasts will improve, pushing back hours after a closely-watched survey showed economists lifting their 2024-2026 inflation estimates further above target.
Brazil Central Bank Needs to Unify Behind Its Inflation Target, Ex-Governor Says
The credibility of Brazil's central bank is at risk as investors question policymakers’ commitment to reaching the 3% inflation target, according to a former president of the institution.
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.
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.
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.
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.
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
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.
Brazil Prices Rise More Than Forecast After Split Rate Decision
Brazil’s annual inflation cooled slightly less than expected as investors deliberate the central bank’s next move after policymakers slowed the pace of interest rate cuts on price pressure concerns.
Brazil's Currency Expected to Remain Weak Despite Hawkish Move -- Market Talk
The Brazilian real will remain under pressure despite yesterday's slowdown in monetary easing, Capital Economics' Jonathan Petersen says in a note.
Brazil's Central Bank Expected to Keep Cutting, But Carefully -- Market Talk
Brazil's central bank is likely to keep cutting its steep interest rates, although the Fed's reluctance to ease, resilient domestic activity and unchecked government spending are making the BCB less dovish, Highpar's Maykon Douglas says in a note.
The Bank of Brazil cut the benchmark loan interest rate by 25 basis points to slow the pace of monetary policy easing
At a time when domestic economic and fiscal uncertainty intensified, Brazil's central bank slowed the pace of monetary policy easing and cut key interest rates by 25 basis points.
Brazil's Central Bank Are Set to Slow Pace of Rate Cuts After Changing Guidance
Brazil’s decision will be published on the central bank’s website after 6:30 p.m. in Brasilia, with a statement from its board. Here’s what to look for:
Brazil's Central Bank May Cut By Less Than 50BP Tomorrow -- Market Talk
0900 ET - Brazil's central bank may not delivery on its guidance and cut interest rates by less than 50 basis points tomorrow, Goldman Sachs's Alberto Ramos says. The bank has been cutting its Selic b
Brazil Posts Surprise Budget Deficit in March as Spending Rises
Brazil posted a primary fiscal deficit of 1.5 billion reais ($293 million) in March, surprising analysts who forecast a surplus for the month and ramping up pressure on the government’s efforts to shore up public accounts.