Brazil Analysts Boost 2016 Benchmark Rate Call for Second Week

Brazil analysts raised their 2016 forecast for the benchmark Selic rate as the central bank vows to slow inflation to target by the end of next year.

Brazil Mid-April Inflation Slows Less Than Analysts Forecast

Brazil’s inflation in the month through mid-April slowed less than economists estimated, increasing economists’ expectations that the central bank will continue its pace of rate increases.

Emerging currencies face bumpy year but much already priced in: Reuters poll

(Reuters) - Emerging market currencies will stay under pressure in 2015, a Reuters poll found, though they may not fall as much as last year as lower commodity prices and tighter monetary policy in the United States could be largely priced in already.

Colombia central bank sees growth of 4.3 percent in 2015, 5 percent this year

(Reuters) - Economic growth in Colombia will probably slow to around 4.3 percent in 2015 from 5 percent this year, hurt by lower oil prices and a drop in exports due to a sluggish global economy, central bank chief Jose Dario Uribe said on Friday.

Chile cenbank sees economy recovering after third quarter

Chile's economic growth likely hit bottom in the third quarter and should pick up pace moderately and gradually during the final three months of 2014, central bank President Rodrigo Vergara said on Thursday.

Chile Policy Makers Signal Rate Cut May Be Last in Current Cycle

Chilean policy makers signaled that yesterday’s benchmark interest rate cut may be the last in the current cycle following eight reductions in 13 months.

Chile's central bank cuts key rate, says easing helping economy

Chile's central bank cut its benchmark interest rate for the seventh time since October on Thursday, as forecast, continuing with its easing cycle to bolster a quickly decelerating economy.

Chile’s Growth Beats Forecasts After Vergara Calls for Calm

Chile’s economy expanded more than analysts expected in July, while wages grew at the fastest in five years, sparking the biggest rally in the peso since May.

Brazil Signals Key Rate on Hold Until Next Government Sworn In

Brazil’s central bank signaled borrowing costs will remain unchanged until at least the end of the current administration in December as policy makers are trapped between a recession and above-target inflation.

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 Personal Default Rate Drops in June as Bank Eases Credit

Brazil’s consumer-loan default rate fell in June, as the central bank loosens reserve requirements to ease credit conditions in the world’s second-largest emerging market.

Chile Keeps 4% Rate After Four Rate Reductions in Six Months

Chile kept borrowing costs unchanged as quickening inflation led the central bank to pause following four reductions in the past six months.

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.

Chile central bank cuts rates, hints more reductions possible

SANTIAGO, March 13 (Reuters) - Chile's central bank cut its key interest rate on Thursday to boost economic growth, and suggested more reductions could be in the pipeline if domestic and external macroeconomic conditions merit it.

Chile Central Bank Signals Possible Rate Cuts Before Year-End

Chilean central bank President Rodrigo Vergara said policy makers don’t have to wait for a slowdown in consumer spending before cutting rates, a day after a report showed retail sales soaring.

Mexico Rate in Line for Now With Inflation Target, Carstens Says

Mexico’s key interest rate, cut to a record low in March, is in line with the central bank’s goal of lowering annual inflation to 3 percent as the peso weakens amid slower growth, central bank Governor Agustin Carstens said.

Mexican Peso Bonds Slump on Fed Stimulus Outlook; Currency Slips

Mexican peso bonds fell, pushing yields to a two-week high, as a bigger-than-forecast increase in orders for U.S. durable goods fueled speculation that the Federal Reserve will curtail monetary stimulus.

Brazil Consumer Default Rate Drops to Lowest Level in 16 Months

Brazil’s consumer-loan default rate fell to the lowest level since November 2011 on near-record low borrowing costs.

Brazil Swap Rates Drop to One-Month Low on GDP View; Real Rises

Brazil’s swap rates fell to a one- month low as economists lowered their forecasts for growth and inflation, spurring speculation that the central bank will refrain from increasing borrowing costs next week.