Economy
Peru Lowers Interest Rates as Core Inflation Eases, Signalling Economic Stability
In a move expected by many analysts, Peru’s central bank reduced its benchmark interest rate from 5.25% to 5% on...
Brazil’s Central Bank Expected to Hike Interest Rate by 0.5% Amid Inflation Fears
Brazil’s central bank is widely anticipated to raise its key interest rate by 0.5% on Wednesday, marking a sharp increase...
Argentina’s Country Risk Index Plummets Below 1,000 Basis Points Amid Economic Optimism
Argentina's country risk index, a crucial measure of investor confidence regarding the nation's debt, has fallen below the significant threshold...
Argentina’s Economy Minister Pursues Renewed IMF Partnership Amid Improved Economic Indicators
In a series of key meetings held in Washington, DC, Argentina’s Economy Minister, Luis Toto Caputo, engaged with IMF Managing...
World Bank Urges Brazil to Implement Health Taxes for Economic and Public Health Gains
The World Bank has advised Brazil to implement strategic taxes on tobacco, alcohol, and sugary drinks, which are major contributors...
Brazil’s Inflation Surges Amid Rising Electricity and Food Costs
Inflation in Brazil has surged in the month leading up to mid-October, driven largely by increasing electricity prices. According to...
Mexico’s Inflation Rises Above Expectations, Potentially Hindering Central Bank’s Rate Cut Plans
Mexico's inflation surged more than anticipated in early October, posing potential challenges to the central bank's plans for further interest...
Paraguay Leads South American Economic Growth, IMF Reports
According to the International Monetary Fund’s (IMF) latest “World Economic Outlook,” Paraguay is set to experience the highest economic growth...
Latin American and Caribbean Economies Set for Modest Growth in 2024, Says IMF
The International Monetary Fund (IMF) has revised its economic forecast for Latin America and the Caribbean, projecting the region's economy...
Brazil’s Central Bank Chief Warns of Inflation Risks, Highlights Economic Strength
Brazil’s central bank chief, Roberto Campos Neto, has raised concerns over a significant de-anchoring of inflation expectations, emphasizing the importance...
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