News of stimulus

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

Paraguay seeks to wind down stimulus as economy bounces back

27-08-2021 12:27 Paraguay will continue to dial back pandemic stimulus next year as a fast growing economy cushions austerity measures that have proved unpopular in other South American countries.

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.

BLOOMBERG

Monetary stimulus goes straight back to Central Bank

08-04-2020 16:28 Money Central Bank is pumping into the moribund economy to provide cheap credit is finding its way straight back to its own coffers. Monetary base has increased by 619 billion pesos, or 34%, in the past 30 days.

Coronavirus pandemic

'Complete collapse of economies' ahead as Africa faces up to avirus

08-04-2020 07:50 More than half of Africa's 54 countries have imposed lockdowns, curfews, travel bans or other measures in a bid to prevent local transmission of the virus. Global economic downturn may lead to a ‘complete collapse’ in the region, according to experts.

Bloomberg

Peru tackles virus with region’s biggest stimulus, eyes IMF help

30-03-2020 19:58 Peru is moving to fend off economic catastrophe with a record fiscal stimulus and plans for a contingency line of up to US$18 billion from the International Monetary Fund to contain the fallout from the coronavirus pandemic.

Coronavirus outbreak

European Central Bank fires off stimulus to counter virus 'shock'

12-03-2020 12:38 European Central Bank chief Christine Lagarde warns coronavirus will deliver a "major shock" to global economy that requires urgent, coordinated action.

Coronavirus outbreak

Facing recession, Europe grasps for ways to limit damage

11-03-2020 09:52 The European Commission, in conjunction with individual efforts from member-nations plans to set up a 25 billion-euro (US$28 billion) investment fund to support the health care system, businesses and labor market measures.