By Victor Borges and Marcela Ayres BRASILIA (Reuters) -Brazil’s National Monetary Council (CMN), the country’s top economic policy body, decided on Thursday to set its 2026 inflation targe[...]
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Latin America
Mexico’s economic outlook uncertain, say finance officials
MEXICO CITY (Reuters) – Mexico’s financial system stability committee described the country’s economic outlook as uncertain on Thursday, citing persistent risks of further weakening[...]
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Brazil cenbank chief signals he supports changing inflation target time frame
By Marcela Ayres BRASILIA (Reuters) – Brazil’s central bank chief Roberto Campos Neto indicated on Thursday he supports adopting a continuous time frame for the monetary authority to pursu[...]
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Brazil’s Lula says inflation targets too ‘rigid’
SAO PAULO (Reuters) – Brazilian President Luiz Inacio Lula da Silva said on Thursday the country’s inflation targets were excessively rigid and renewed criticism of the central bank for hi[...]
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Analysis-Dollar drought haunts frontier economies
By Duncan Miriri and Marc Jones NAIROBI/LONDON (Reuters) – As Pakistan spiralled into crisis this year, Wilson Muthaura pressed its government to put the tea Kenya’s KTDA co-operative prod[...]
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Brazil central bank improves 2023 GDP growth forecast to 2.0%
BRASILIA (Reuters) – Brazil’s central bank joined on Thursday a wave of recent upward revisions for the country’s economic growth this year, guided by a solid first quarter boosted b[...]
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Brazil Finance Minister confirms 3% inflation target in 2024, backs tweaking time frame
SAO PAULO (Reuters) – Brazil’s finance minister has confirmed the country’s monetary council will keep next year’s inflation target at 3%, but reiterated he expects the body to[...]
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Carrefour Brasil bets on know-how to expand small stores operation
By Carolina Pulice MEXICO CITY (Reuters) – Grupo Carrefour Brasil launched a franchise model of convenience stores in the Brazilian market on Wednesday, aiming to tap into its know-how from year[...]
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Mexico considers $4.2 billion debt buyback for canceled airport, official says
By Kylie Madry MEXICO CITY (Reuters) – Mexico may repurchase about $4.2 billion in outstanding bonds issued to finance a partly built Mexico City airport that was later canceled, a senior offici[...]
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