News of interest

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 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.

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%.

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.

Argentina turns to orthodox policy signals to ease dollar craze

06-11-2020 09:12 After tightening capital controls several times, Argentina's government has surprised investors by altering its tack in what appears to be an incipient effort to restore confidence.

Congress approves bill saying Covid-19 vaccine is in public interest

31-10-2020 08:27 Senate approve bill declaring research and development, manufacture and purchase of vaccines against the novel coronavirus to be of public interest.

Paul Krugman: Liquidity trap has spread to emerging markets

12-05-2020 16:35 The so-called liquidity trap, when monetary policy loses its traction as interest rates get close to zero, has plagued rich countries for years – now, Nobel-Prize winning economist Paul Krugman says it has now spread to some emerging markets as well.

Helicopter money won’t ease Latin America’s pandemic pain

08-05-2020 09:25 Along with Covid-19, a fever of wonkery has broken out over how to reverse the collective economic contraction and to carry on once the health emergency has passed. As the worst of the pandemic is yet to come.

by Mac Margolis

Central Bank to pause run of rate cuts

12-03-2020 22:33 Central Bank plans to keep its policy rate unchanged, as it weighs the impact of sell-off on world markets.

Central Bank will continue lowering rates to curb inflation

04-03-2020 17:00 Central Bank plans to keep reducing its key interest rates further as inflation is expected to decelerate and as a tool to reduce debt costs.