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2 results for “job creation”

Strong Brazil Job Creation in August Heightens Caution for Central Bank Rate Cuts
PROMarkets• 2h ago

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.

Moderating Labor Market Reinforces Bets for Copom to Cut Selic Rate to 14.00%
PROMarkets• Jul 30

Moderating Labor Market Reinforces Bets for Copom to Cut Selic Rate to 14.00%

Easing job creation, combined with benign inflation just above target, solidifies expectations for a 25bp cut.