Banco Central Do Brazil is the central bank of Brazil and founded in 1964. The mission of the Banco Central Do Brazil is to ensure the stability of the currency purchasing power, to foster a sound, efficient and competitive financial system, and to promote the economic well-being of society. The Banco Central Do Brazil performs its functions as monetary, regulatory and supervisory authority for Brazil in accordance with the guidelines from the National Monetary Council which formulates monetary and credit policies focused on monetary stability and economic and social development.
As Debt Ceiling Looms, the Fed Tweaks Its Portfolio Runoff
Process of shedding assets and draining bank reserves could collide with dynamics related to raising the federal debt limit. Federal Reserve officials made an adjustment on Wednesday to their policy o...
China’s central bank follows U.S. Fed in keeping rates steady as tariff threats pressure yuan
The People’s Bank of China kept the 1-year loan prime rate at 3.1% and the 5-year LPR at 3.6%, where they have been since a quarter-percentage-point cut in October. The rate decision follows the U.S. ...
Sen. Elizabeth Warren: DOGE’s FDIC firings put banking system at risk
In a statement Thursday, Sen. Elizabeth Warren, D-Mass., said she was “pleased” the Federal Deposit Insurance Corp. would review the decision to lay off more workers. The recent FDIC firings were part...
European Central Bank Outlines Two-Track Approach to Enhance DLT Transaction Settlements
The European Central Bank (ECB) is developing a new platform to settle transactions using distributed ledger technology (DLT) in central bank money, aiming to integrate and harmonise the European fina...
Australia’s central bank cuts rates for the first time in more than four years, flags economic uncertainties
The RBA cut rates by 25 basis points to 4.10% on Tuesday, marking its first easing since November 2020, when the central bank cut its key rate to a record low in the depths of the pandemic. The centra...
Consumer sentiment drops sharply in February as inflation worries soar
The University of Michigan’s gauge of consumer sentiment fell to 67.8 in a preliminary February reading, down from 71.1 in the prior month and the lowest reading since July. Economists polled by the ...
India’s central bank cuts rates for the first time in nearly five years, forecasts faster growth next year
The Reserve Bank of India has cut its key interest rate for the first time in nearly five years, as cooling inflation has offered room to stimulate the slowing economy. The central bank forecast real ...
Fed officials are raising concerns about the impact Trump’s tariffs could have on inflation
In recent days, multiple central bank policymakers not only have noted the uncertainty surrounding tariffs, they also have highlighted the potential impact on inflation. Chicago Fed President Austan G...
China keeps benchmark lending rates unchanged as it contends with a weakening yuan
The People’s Bank of China held the 1-year loan prime rate at 3.1%, and the 5-year LPR at 3.6%, according to the PBOC statement. The PBOC has ramped up measures lately to avoid a sharp fall in the cur...
Bank of Korea leaves rates unchanged in a surprise move, warns GDP growth ‘highly likely’ to miss forecasts
The Bank of Korea held its benchmark policy rate at 3% in a surprise move so as to assess changes in domestic and external economic conditions. The BOK’s decision surprised economists polled by Reuter...