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Brazil Central Bank Pauses Easing Cycle
By Paulo Trevisani Brazil's central bank paused its easing cycle Wednesday as inflation remains above target. The bank kept its Selic benchmark interest rate at 10.5% following seven consecutive cut
Brazil's central bank maintains interest rates unchanged, suspending the one-year easing cycle.
After the inflation outlook deteriorated, the Brazilian central bank kept interest rates unchanged, interrupting nearly a year of loose monetary policy and intensifying tensions with the Lula government.
Brazil's Central Bank Faces Self-Inflicted Crisis on Interest Rates and Inflation Forecasts
Brazil’s central bank is facing an emergency of its own making that threatens to sabotage years of deft policy making and credibility gains.
Hong Kong Census and Statistics Department: In the first quarter, the total income of Hong Kong residents increased by 9.6% year-on-year to 831 billion Hong Kong dollars.
In the first quarter of 2024, the total income of Hong Kong local residents (referring to the total income earned by Hong Kong residents through various economic activities) calculated at the then market price increased by 9.6% to HKD 831 billion, compared to the same period last year.
Hong Kong Exchanges and Clearing Limited has proposed five policy recommendations to promote the dual growth of liquidity and efficiency in Hong Kong's capital markets.
According to the Zhongtong Finance APP, on June 17th, Hong Kong's Financial Services and the Treasury Bureau released a research report entitled "Promoting Dual Growth of Liquidity and Efficiency: Optimizing Hong Kong's Securities Trading Mechanism and Market Operations".
Brazil Economic Activity Flatlines Ahead of Crucial Interest Rate Decision
Brazil’s economic activity stalled in April according to a report that comes days before central bankers are seen halting their almost yearlong cycle of interest rate cuts.