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164 results for “central bank”
Brazil Inflation Surges Past Ceiling as Power Bills Spike in September
Brazil's IPCA consumer price index rose 0.82% in September, pushing annual inflation to 4.58% and breaching the central bank's official tolerance ceiling.
Banco Master Collapse: Inside Brazil's Historic Banking Fraud Scandal
The Central Bank of Brazil's liquidation of Banco Master exposes a BRL 55 billion fraud scheme, shaking the financial sector and implicating top politicians.
Leaked Audios Reveal Banco Master's Push to Lobby Lula
Leaked audio messages reveal how jailed banker Daniel Vorcaro and his lawyer pressured former Finance Minister Guido Mantega to lobby President Lula.
Brasil Bitcoin co-founders move to expel 40% shareholder
Corporate rift at major Brazilian crypto exchange highlights governance risks as Central Bank prepares virtual asset service provider licensing.
Brazil Central Bank Governor Testifies in Major Bank Fraud Probe
Central Bank President Gabriel Galípolo testified to the Federal Police regarding a massive bribery and fraud investigation involving Banco Master.
Why Brazil's High Interest Rates Hold Key to US-Listed Fintechs
Brazil's central bank keeps borrowing costs elevated, creating a high-stakes environment for Nasdaq-listed fintechs pivoting to consumer and merchant credit.
$10,000 in Petrobras a year ago is $20,300 today. In the S&P 500: $11,700
$10,000 in Petrobras's NYSE shares a year ago is about $20,300 today; the same in the S&P 500, about $11,700. Behind the gap: two central banks moving in opposite directions, and the risks that come with a 13.75% policy rate.
Brazil Fintechs Face High-Stakes Regulatory Shifts Ahead of Election
Brazil's upcoming presidential election on October 4, 2026, could reshape the regulatory landscape for its booming digital banking and fintech sectors.
Why Brazil's Easing Cycle is Failing to Rescue High-Debt Small Caps
Despite five consecutive Selic rate cuts bringing the benchmark to 13.75%, Brazil's smaller companies remain crushed by high medium-term yields.
Brazil’s Gross Public Debt Hits Near Five-Year High, Driven by High Interest Costs
Brazil's gross public debt climbed to 82.9% of GDP in August, the highest level since late 2021, driven by high debt-servicing costs despite a better-than-expected primary deficit.
Brazil’s Central Bank Data Shows PIX Transactions Plummet 10% After Betting Ban
The volume of instant payment transactions fell sharply in Brazil after the government banned sports betting, revealing the industry's massive scale.
Brazil’s Job Growth and Political Fights Set Stage for Central Bank’s Next Rate Decision
Brazil’s unemployment hits a record low, intensifying a debate between growth and inflation as political and regulatory friction persists.
Strong Brazil Job Creation in August Heightens Caution for Central Bank Rate Cuts
Brazil's formal labor market added a net 165,827 jobs in August, complicating the central bank's effort to lower the benchmark Selic rate.
Brazil’s Paradox: Record Employment and Record Delinquency Hit Simultaneously
Brazil's economy sees an unprecedented low 5.3% unemployment rate while a record 83.9 million people are delinquent on debts, highlighting poor job quality and household credit stress.
Brazil Central Bank Expands Corporate FX Accounts, Closes Stablecoin Payment Loophole
The Banco Central do Brasil is modernizing its foreign exchange rules, easing currency management for exporters while explicitly banning stablecoins for settlement in the popular electronic FX channel starting October 1.
Brazil’s Consumer Loan Defaults Hit New Record High Despite Government Debt Relief Program
The delinquency rate on non-earmarked loans in Brazil reached a record 6.6% in August, indicating persistent household financial stress and raising the political stakes for the next administration.
Brazil Inflation Forecast Breaches Central Bank Target Ceiling, Raising Stagflation Fears
Market consensus for Brazil's 2026 inflation hit 4.99%, crossing the 4.5% official ceiling while growth estimates fell, signaling stagflation pressure.
Brazil’s Central Bank Eases FX Rules, Expanding Foreign Currency Accounts for Exporters and Investors
New rules from the Banco Central, effective October 1, allow more companies to hold foreign currency accounts domestically, cutting costs for international business.
Brazil’s Election Countdown Eclipsed by High Court Action and Inflation Shock
With the presidential race in a technical tie, the TSE intervenes in the campaign as an inflation surprise puts new pressure on the Central Bank.
Brazil’s Inflation Surprise Reignites Political Pressure on Central Bank Independence
Mid-September inflation acceleration to 4.47% complicates Central Bank's rate-cut strategy ahead of the tight Brazil election.
Fiscal Crisis Threatens Brazil’s Recovery as Ex-Central Banker Warns of ‘42-Degree Fever’
Former Central Bank President Arminio Fraga says Brazil needs urgent fiscal adjustment amid tight election race.
Brazil Central Bank Mandates Reporting on $10,000+ Self-Custody Crypto Transfers
Brazil's BCB requires virtual asset service providers to report all crypto transfers exceeding $10K to/from self-custody wallets, starting October 1.
Brazil’s Inflation Surprise Threatens Central Bank’s Rate-Cut Path
Brazil’s preliminary September inflation rate unexpectedly rose to 0.70%, complicating the Central Bank's strategy of consecutive Selic rate cuts.
Brazil Central Bank Signals New Regulations to Curb ‘Predatory’ Consumer Credit
BC President Galípolo is planning macro-prudential measures to tackle record household debt, citing a 65% credit card default rate as a design flaw.
Brazil Central Bank Cuts 2026 GDP Forecast After Lula Boosts Social Spending
The Central Bank of Brazil reduced its 2026 and 2027 growth projections after the government announced a R$22 billion hike in social welfare spending, increasing fiscal deficit concerns.
Brazil’s Central Bank Explores PIX Link with Europe’s TIPS for Instant Cross-Border Payments
Brazil's Central Bank and the European Central Bank are assessing a technical link between PIX and TIPS that could dramatically cut costs and delays for remittances and trade.
Brazil Central Bank Sees 90% Chance Inflation Will Breach Target in 2026
Brazil's Central Bank raised the probability of 2026 inflation exceeding the 4.5% target ceiling to 90% while cutting its GDP growth forecast to 1.8%.
Brazilian Real Volatility Spikes as Lula Regains Narrow Lead in Election Poll
Political uncertainty ahead of Brazil's presidential election sent the Real to its highest level against the dollar since August, prompting a currency market intervention by the Central Bank.
Brazil’s ‘Pix Automático’ Goes Live, Replacing Clunky Direct Debit and Challenging Card Networks
The Central Bank of Brazil launched Pix Automático in June 2025, enabling automated recurring payments via the instant Pix system, which cuts costs for businesses and democratizes subscription billing.
Political Scrutiny Intensifies Over Banco Master Amid Probe into High-Level Connections
An ongoing Federal Police investigation into Banco Master and its former head, Daniel Vorcaro, is causing political fallout in Brasília as reports emerge of his ties to top judicial and political figures.