Tag: #centralBank

Client pays a bill using PIX. Photo: Karime Xavier/Folhapress

PIX poised to disrupt recurring payments in Brazil

Starting in April 2024, Brazilians will be able to pay utility bills, subscriptions, and all types of recurring services through the country's instant payment system, without relying on bilateral agreements between companies and banks or credit cards

10 months ago • Fabiane Ziolla Menezes

central bank Many believe that Gabriel Galípolo (center) is being groomed for the central banker position. Photo: Pedro França/SF

Brazilian Senate confirms new Central Bank directors

10 months ago • Amanda Audi and Gustavo Ribeiro

inflation markets confident

Markets increasingly confident that Brazil’s inflation will hit target

10 months ago • Fabiane Ziolla Menezes

inflation targets central bank

Brazil announces changes to inflation target system

The elusive inflation target has been a reason for the Central Bank to keep interest rates unchanged. A new system will be used as of 2025.

10 months ago • Fabiane Ziolla Menezes

central bank

Explaining Brazil #250: The Central Bank’s Jekyll & Hyde moment

Less than a week after issuing a hawkish statement on its latest policy decision, the Central Bank changed its tone, and made markets anticipate imminent interest rate cuts

10 months ago • Gustavo Ribeiro

interest rates Left-wing protesters on Tuesday burned down an effigy of central banker Roberto Campos Neto, in protest at the current level of benchmark interest rates. Photo: Roberto Parizotti/FP

Central Bank fails to put interest rate cuts on the horizon

10 months ago • Fabiane Ziolla Menezes and Gustavo Ribeiro

Brazilian economy grows at the highest monthly rate in a decade

Brazilian economy grows at the highest monthly rate in a decade

10 months ago • Fabiane Ziolla Menezes

Fish market in Belém. Food prices weigh the most on Brazil's inflation index. Photo: Arnika Ganten/Shutterstock

Lower inflation raises pressure on Central Bank

The Brazilian Central Bank has adopted a hawkish stance since 2021. With inflation getting closer to the government's target, are interest cuts on the way?

11 months ago • Fabiane Ziolla Menezes