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Brazil Economy Grows Less Than Expected in May Amid High Rates
Brazil’s economy grew slightly less than expected in May, the central bank’s main gauge of activity showed amid signs that borrowing costs will stay high for longer.
China's Central Bank Holds Key Policy Rates Steady -- Update
China's central bank kept key policy rates unchanged on Monday, indicating a likely hold on the country's benchmark lending rate later this month even as signs of economic weakness raise expectations that easing may be in the pipeline.
Citic sec: Optimizing the LPR mechanism to improve the quality and efficiency of finance.
Currently, OMO has gradually become the core of policy interest rates. Optimizing loan pricing benchmarks can help improve interest rate transmission efficiency, balance the goals of the money and credit markets, alleviate the impact of asynchronous pricing of deposits and loans, and help stabilize bank interest margins.
Brazil Central Bank Expected To Keep Rates High -- Market Talk
Inflation eases in Brazil, but the central bank has reasons to keep rate cuts on pause for a while, Goldman Sachs' Alberto Ramos says in a note.
HTSC: An analysis of the potential direction of consumer tax reform.
According to a research report published by htsc on the Zhitong Finance App, the reform of consumption tax may focus on adjusting the taxation scope and tax rate, discretionary delay in the collection process, moderate downward shift of income distribution to marginally alleviate local fiscal gaps, but with relatively mild macro-level impacts.
PBOC to Conduct Temporary Repo, Reverse Repo Operations
By Dow Jones Newswires China's central bank has said that it will conduct temporary open market operations in the afternoon, on top of its traditional morning operations, in a bid to improve their ef
China's Current Account Surplus Reaches 281 Billion Yuan in Q1
China logged a current account surplus, or the surplus from the country's foreign payments and receivables, of 281.4 billion yuan, in the first quarter, according to data by the State Administration of Foreign Exchange released Friday.
Brazil's Government Deficit Widens, Pressures Central Bank -- Market Talk
Weak fiscal performance in Brazil keeps inflation expectations high, Goldman Sachs' Alberto Ramos says in a note.
Brazil's Inflation Remains Sticky -- Market Talk
Brazil's central bank is getting no relief from consumer prices, as the mid-month IPCA-15 indicator rises a little more than 4% in the 12 months through June 14.
Brazil's Inflation Slows More Than Expected as Rate Cuts Halted
Brazil’s mid-month inflation slowed more than expected in early June, just as central bankers signaled they’re in no rush to resume interest rate cuts after pausing their monetary easing cycle last week.
Brazil's Monetary, Fiscal Targets Face Skepticism -- Market Talk
1141 ET - Analysts surveyed weekly by Brazil's central bank express increasing doubts about authorities' ability to meet targets. Inflation forecasts are moving away from the 3% target for the next fe
Brazil's Central Bank Expected To Be On Hold Until December -- Market Talk
0833 ET - Brazil's benchmark Selic interest rate is likely to be on hold until December as policy makers wait for the U.S. Fed to start cutting, UBS BB economists say in a report. Yesterday, Brazil's
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.
State Administration of Foreign Exchange: in May, banks completed CNY 1.25 trillion in foreign exchange purchases, and CNY 1.36 trillion in foreign exchange sales.
On June 17, the State Administration of Foreign Exchange released the data for May 2024 on bank foreign exchange transactions and bank customers' foreign exchange payment and receipt.
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.
UBS Previews Next Week's Central Bank Policy Meeting in Brazil
The Brazilian central bank (BCB) will decide on its policy next Wednesday, noted UBS.
The People's Bank of China has just released the latest figures! From January to May, new social financing amounted to 14.8 trillion yuan, a year-on-year increase of 7% for M2.
RMB loans increased by 11.14 trillion yuan in the first five months, while RMB deposits increased by 9 trillion yuan.
Brazil Finance Chief's Star Fades as He Faces Worst Moment of Tenure
Haddad suffered a major blow Tuesday, when Senate leader Rodrigo Pacheco swatted down a proposal to limit tax credits to cover the cost of an exemption from payroll levies.