"economic news" Category
Brazil Ratings Removed From CreditWatch And Affirmed At 'BB/B'; Outlook Is Negative On Ongoing Policy Challenges

Rating Action

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Brazil softens budget deficit goals through 2020

Brazil's government loosened its budget targets for all years through 2020 on Tuesday, delaying prospects for a drop in the federal deficit after legislators repeatedly refused to raise taxes in the recession-hit economy.

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Há expectativa de queda adicional da Selic, aponta Ilan

Há expectativa de quedas "adicionais" da taxa Selic, disse nesta sexta-feira o presidente do Banco Central (BC), Ilan Goldfajn, segundo o qual o processo de convergência da inflação para a meta de 4,5% no horizonte relevante para a condução da política monetária é "compatível" com o processo de f

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Investors unfazed by wider fiscal deficit outlook in Brazil

When former Brazilian President Dilma Rousseff's government repeatedly missed its fiscal targets, investors fled the country. Now that her successor, Michel Temer, seems poised to do the same, financial markets appear unperturbed.

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Brazil inflation turns positive in July; annual rate slows

Brazilian consumer prices rose in July on higher power costs and a fuel tax hike following deflation in June, even as the annual rate fell to its lowest in 18 years, data showed on Wednesday.

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Brazil’s pension and tax reforms back on track, says Meirelles

Brazil’s finance minister Henrique Meirelles has predicted that a controversial pension reform will be passed by the end of this year in spite of a political crisis that has weakened the government of Latin America’s biggest economy. 

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Inflação em 12 meses é a menor desde 1999, diz IBGE

Após apresentar a primeira deflação desde 2006, de 0,23% em junho, o Índice Nacional de Preços ao Consumidor Amplo (IPCA) mudou de direção e registrou alta de 0,24% em julho, mostrou o Instituto Brasileiro de Geografia e Estatística (IBGE).

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Bullish On Brazil? Watch China & Dollar

Brazilian equities are resilient today, even though the country is a major commodity exporter to China where weak July trade data are making some investors nervous.

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Brazil likely to create ethanol import quota, tax imports

The Brazilian government is likely to adopt a quota system for ethanol imports, allowing 600 million liters into the country per year free of tax and imposing a 20 percent tariff on volumes in excess of that quota, cane industry group Unica said on Monday.

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Brazil will be realistic about budget target - finance minister

Brazil's government will take a realistic and responsible approach when deciding whether to change this year's budget target, Finance Minister Henrique Meirelles told journalists at an event on Friday.

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