Chile raises interest rate to 10.75%, highest level since 1998
Chile's central bank today raised its monetary policy rate (TPM) for the tenth consecutive month to 10.75 percent from 9.75...
September 7, 2022Topic
inflation
Brazil’s central bank warns against another rate hike
Brazil's central bank sent an aggressive message to investors Monday, reminding them that a final rate hike is still on...
September 6, 2022
’12-month inflation has peaked in Brazil and is starting to improve,’ says central bank president
Brazilian Central Bank (BC) President Roberto Campos Neto said that 12-month inflation has peaked in Brazil and is improving. However,...
September 6, 2022
Parallel dollar price falls in Argentina after new foreign exchange measures for soy sector
The price of the parallel dollar in Argentina registered a sharp drop of 5.5 percent (Monday) after the latest government...
September 6, 2022
Brazil records lowest inflation rate since November 1991 in the first two weeks of August
Inflation in Brazil fell 0.73% in the first two weeks of August after declining 0.68% in July, the official Brazilian...
August 24, 2022
Argentines withdraw US$1 billion from banks amid turmoil
Argentines have withdrawn just over US$1 billion in dollar deposits from the country's banking system in the past seven weeks...
August 23, 2022
Cost of living in Chile up 2.9% in July, raising poverty line
The cost of the basic food basket in Chile registered a change of 2.9 percent in July compared to June...
August 18, 2022
Brazilian central bank sees signs of stabilization despite inflation
Brazilian Central Bank President Roberto Campos Neto described inflation in Brazil as "quite high," although he sees signs of stabilization.
August 16, 2022
Petrobras lowers gasoline price by R$0.18 per liter in Brazil; third reduction in a month
Petrobras announced the third gasoline reduction in a month. The liter will be sold to traders for R$3.53 starting this...
August 15, 2022