News of inflation rates

Argentina raises benchmark rate to 52% as inflation stays hot

16-06-2022 16:54 Central Bank raises benchmark interest rate for the sixth time this year as the government struggles to cool inflation expectations.

WORLD ECONOMY

How do interest rates affect the real economy?

16-06-2022 12:42 Faced with the highest inflation in four decades, central banks in the United States, eurozone and UK are hiking interest rates in order to contain inflation.

FEATURE

With 58% inflation, nobody in Argentina knows the price of anything

31-05-2022 12:47 With inflation at 58% and accelerating, Argentina's economy is an outlier even in a world where prices are taking off almost everywhere.

BLOOMERG

Central Bank raises key rate to 49% as inflation jumps

12-05-2022 20:19 Central Bank to raise interest rates for the fifth time this year in a bid to keep up with rising inflation.

Inflation & Currency

Closing the 'escape valve' – Venezuela pursues de-dollarisation

06-05-2022 10:45 Venezuela is now trying to re-energise its own currency, the bolívar, which has been crippled by devaluation in recent years.

BRAZILIAN ECONOMY

Brazil hikes key interest rate 10th straight time

04-05-2022 21:13 Brazil's Central Bank raises key interest rate for the 10th straight time, trying to tame surging inflation that has proved tough to slow for policy makers.

BLOOMBERG

Central Bank raises key rate to 47% as inflation soars

13-04-2022 20:52 Central Bank raises interest rates for the fourth time this year after inflation data shows prices increasing at the fastest monthly pace in 20 years.

ECONOMIC INDICATORS

Economy misses fourth-quarter estimates, but has record year

24-03-2022 14:45 GDP rose 10.3% in 2021, the best performance since the series began in 2004, according to official data.

CENTRAL BANK

Argentina's Central Bank raises key rate to 44.5% as inflation heats up

23-03-2022 15:42 Central Bank raises benchmark rate for the third time this year as inflation continues to speed up.

BLOOMBERG

Argentina’s Central Bank raises key rate to 42.5%

18-02-2022 03:00 Second rate hike this year; IMF staff have called for interest rates in Argentina to exceed annual inflation.

PRICE RISES IN AMERICAS

Brazil posts highest January inflation rate since 2016

09-02-2022 16:50 Brazil's inflation rate slowed in January, but still came in at the highest level for the month since 2016, the government said Wednesday.

INFLATION ON RISE

Chile's Central Bank hikes rates again as inflation hits 14-year high

27-01-2022 08:06 Chile's Central Bank announces a third successive hike in its benchmark interest rate in a bid to contain inflation, which is at a 14-year high.

BLOOMBERG

Central Bank hikes rate for first time in a year

07-01-2022 01:41 Argentina raised its benchmark interest rate for the first time in over a year as it faces calls from the International Monetary Fund to tighten its monetary policy.

Bloomberg

Argentina’s Central Bank weighs rate hike amid IMF talks

15-12-2021 09:12 Central Bank weighing first interest rate increase in over a year as it seeks to bring borrowing costs closer to inflation amid talks with the IMF.

BRAZIL CENTRAL BANK

Brazil hikes interest rate by most in two decades

27-10-2021 21:42 Brazil's Central Bank raised its benchmark interest rate by 150 basis points Wednesday – its biggest hike since 2002 as it struggles to tame surging inflation.

BLOOMBERG – ANALYSIS

Brazil tightens most in tears, with 150 points now and December

27-10-2021 21:40 Brazil’s Central Bank delivered its biggest interest rate increase in almost two decades and pledged another equally large move for December, as it fights alone against deteriorating inflation expectations and growing fiscal concerns.

BLOOMBERG – ANALYSIS

The problem with Latin America’s rate hikes: they barely work

09-09-2021 14:25 From Brazil to Mexico, banks tighten faster than global peers; Unstable politics and off-the-books economies limit the impact

Bloomberg

Government speeds up money printing ahead of election

28-07-2021 17:00 Central Bank was printing money for the Treasury at the fastest pace so far this year in July.

Bloomberg

Not even 50% inflation will make Argentina boost interest rates

23-07-2021 16:47 Central Bank rules out increasing interest rates for the foreseeable future, even as currency pressures mount and annual inflation climbs above 50%.

Bloomberg

Latin America rate hike pressure grows as Chile signals lift-off

24-06-2021 09:11 A shift toward tighter monetary policy is quickly taking shape across Latin America. Central banks played a crucial role in the region’s economic response to multiple waves of the coronavirus.

RATE RISE

Brazil hikes interest rate, eyeing inflation

18-03-2021 11:39 First rate hike in six years for Latin America's biggest economy. Central Bank indicates another hike of the same magnitude could be coming in May.

BLOOMBERG - ANALYSIS

Argentina resorts to unorthodox tools to fight 40% inflation

17-03-2021 13:24 Argentina is once again turning to a combination of unconventional policy tools to curb inflation, which is expected to near 40 percent this year.