Brazil risks recession as central bank bucks global trend, raises rate

(Reuters) - Brazilian President Dilma Rousseff's crusade to win back investor confidence has entrusted policymakers with the tough mission of hiking interest rates while major central banks cut them, raising the prospect of another recession in Latin America's biggest economy.

Brazil to boost credit to counter economic slowdown

RIO DE JANEIRO, July 25 (Reuters) - Brazil's central bank on Friday announced measures to boost credit in the country's ailing economy, one week after keeping its benchmark interest rate at its highest level in over two years to fight inflation.

Brazil central bank appears to cut short currency swap rollover

(Reuters) - Brazil's central bank did not announce so far on Friday a usual auction to roll over currency swaps that are set to expire early next month, a sign it wants to slow recent gains in the real.

EMERGING MARKETS-Latam stocks, currencies rise following ECB rate cut

SAO PAULO, June 5 (Reuters) - Latin American stocks and currencies gained on Thursday after the European Central Bank unleashed measures to support the euro zone economy, boosting the outlook for global liquidity and feeding risk appetite.

IMF cuts Latin America GDP forecast as Brazil, Mexico falter

RIO DE JANEIRO — The International Monetary Fund reduced its growth forecast for Latin America and the Caribbean as weaker commodity prices threaten to further sap strength from the region's two biggest economies.

Brazil central bank commits $60bn to prop up currency

Brazil's central bank has announced a $60bn plan to prop up the value of the national currency. It comes as the Brazilian real nears a five-year low against the US dollar.

Brazil Central Bank Chief Says Rates Will Go Up If Needed

BRASILIA--Brazil's economic recovery remains on track, but the central bank is monitoring its data and is ready to act if inflation gets out of hand, the head of the country's central bank said during a Senate hearing Tuesday.

Brazil Central Bank Says Economy Grew 1.35% in 2012

SAO PAULO--Brazil's central bank Wednesday said the economy expanded at a slightly slower pace in December, rounding out a full year of meager economic growth.

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 Credit Growth Slows, But Pace to Pick Up Again Soon

BRASILIA--Growth in Brazilian lending volume slowed slightly in September, but the pace should pick up again in the coming months as declining credit costs and a recovering economy spur consumer and business borrowing.

Betting on Brazil

NEW YORK (CNNMoney) -- Brazil may not be growing the way it once was, but there are still opportunities to be had in Latin America's largest economy.

Brazil cuts interest rates to fresh record low

Brazil's central bank has cut its benchmark interest rate to a record low of 7.5% in an attempt to reignite a stalled economic recovery.

Rousseff still popular despite Brazil's economic lull

(Reuters) - President Dilma Rousseff is enjoying record approval ratings as Brazilians laud her efforts to lower interest rates and jumpstart the country's stalled economy, a poll showed Friday.

Brazil's Central Bank Sees Interest Rate Cycle Moving Lower-Report

SAO PAULO – Brazil's central bank believes the entire cycle of interest rates can be brought lower because of a unique combination of domestic and global effects, the head of the institution said in an interview published in Sunday's edition of the O Estado de S. Paulo newspaper.

Brazil Unemployment Rate Edged Higher in February

RIO DE JANEIRO—Brazil's unemployment rate rose for a second straight month in February as companies continued to dismiss workers they had hired for the busy year-end holiday season, although the still-tight labor market pushed salaries to a record high.

Brazil's economic growth stalls in third quarter

Brazil saw its economic growth stall for the three months to the end of September, official figures show.

Brazil to Miss Inflation Target Until 2015, Weekly Economist Survey Shows

Economists covering Brazil raised their forecast for 2014 inflation above the 4.5 percent target for the first time, on doubts about the central bank’s commitment to controlling consumer prices.

Brazil inflation hits 6-yr high but rate cut seen

Inflation in Brazil climbed further out of the central bank's comfort zone in September but higher prices are not likely to prevent mor rate cuts for Latin America's biggest economy or the rest of the region.

Brazilian inflation hit an annual rate of 7.31 percent in September, more than double the rates recorded in Mexico and Chile and the highest since May 2005, data showed on Friday.

Brazil 2011 inflation forecast tweaked higher

SAO PAULO, Sept 5 (Reuters) - Economists raised their forecast for Brazil's benchmark inflation index this year to 6.38 percent from 6.31 percent previously, according to a weekly central bank survey published on Monday.

Economists forecast growth of 3.67 percent in Latin America's biggest economy this year, down from a 3.79 percent forecast in the previous survey.

Brazil to end rate rises as slowdown mounts

RIO DE JANEIRO, Aug 31 (Reuters) - Brazil's central bank will likely call a halt to this year's flurry of interest rate hikes on Wednesday as it responds to growing signs of a slowdown in Latin America's largest economy.

With annual inflation running above 7 percent, policymakers will be reluctant to start reducing the country's lofty borrowing costs just yet and are expected by economists to leave the benchmark Selic rate at 12.5 percent.