Brazil Central Bank Not Done Hiking Rates

Brazil’s interest rates are going higher and here’s why: 8.13% inflation. The April meeting minutes from the Central Bank of Brazil’s monetary policy committee’s recent 50 bps hike came out on Thursday and it is more hawkish than the market hoped.

Brazil’s Swap Rates Drop as Consumer Confidence Index Tumbles

Brazil’s swap rates declined as a gauge of consumer confidence dropped to its lowest level since 2009, adding to speculation that the central bank will limit further increases in borrowing costs.

Brazil Says Prices Yet to Feel Full Impact of Higher Rate

The full impact of Brazil’s yearlong interest-rate tightening cycle has yet to be reflected in the inflation rate, according to the central bank.

Brazil central bank pledges to limit food inflation jump

BRASILIA, March 18 (Reuters) - Brazil's central bank should act to limit the effects of a recent increase in food prices, central bank chief Alexandre Tombini said on Tuesday, signaling that policymakers may keep raising interest rates to battle inflation.

Brazil Swap Rates Drop on Tombini Inflation Optimism; Real Falls

Brazil’s swap rates fell to the lowest this month as central bank President Alexandre Tombini said inflation will converge with the target, easing speculation that policy makers will keep raising borrowing costs.

Brazil Swap Rates Rise on Tombini Inflation Pledge; Real Falls

Brazil’s swap rates climbed after central bank President Alexandre Tombini said policy makers will fight inflation as the real weakens, reviving speculation that the central bank will extend increases in borrowing costs.

Brazil inflation fails to slow in 2013 despite rate hikes

Inflation in Brazil ended 2013 higher than expected after surging in December, stymieing President Dilma Rousseff's hopes that a flurry of aggressive interest rate hikes and tax breaks for key industries would tame consumer prices.

Brazil Economists Reduce Growth Outlook for This Year and Next

Economists covering Brazil cut their economic growth forecasts for a second straight week, as domestic demand shows signs of weakening, according to a central bank survey.

Brazil Extending World’s Biggest Rate Rise to Regain Credibility

Brazil’s central bank probably will raise the benchmark interest rate for a sixth straight meeting in an effort to convince investors that policy makers are serious about slowing inflation back to its target.

Brazil Real Drops From Two-Week High as Moody’s Lowers Outlook

Brazil’s real declined from its highest level in two weeks after Moody’s Investors Service cited rising debt and weak growth in lowering its outlook on the nation’s credit rating to stable from positive.

Brazil's Tombini: Stable Rates to Support Recovery, Low Inflation

BRASILIA--The maintenance of Brazil's interest rates for a prolonged period of time will be sufficient to support a gradual recovery of the economy and keep inflation on target, Brazil's central bank president Alexandre Tombini said Tuesday.

Brazil Inflation Converging to Target in 2013, Tombini Says

Brazil’s central bank President Alexandre Tombini said inflation will converge to the bank’s 4.5 percent target in the third quarter of 2013 even as new data showed the pace slowing less than expected.

Brazil Economy To Pick Up In Second Half - Central Bank Head

LONDON--Economic growth should accelerate in Brazil in the second half of 2012, the country's central bank chief said Friday.

Brazil Central Banker Says Economy In Recovery

Brazil’s weak economy will be flexing its muscles heading into the second half and likely grow at 4 percent in annualized terms, Brazil’s Central Bank president Alexandre Tombini told reporters in a conference call on Monday.