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Behave: inflation may rise, but as expected so as not to interfere with the Selic cut (Image: REUTERS/Ricardo Moraes) This week, investors will only think about data on inflation. Here, the IBGE will publicize the August IPCA this Tuesday (12). On Wednesday (13), it will be the U.S get to…
The bank attributed this surge in profits to multiple factors, notably the expansion of the credit portfolio crafted to mitigate potential default risks.
Brazil's Finance Minister Fernando Haddad Wednesday said that the improved outlook by the risk rating agency Standard & Poor's (S&P) was due to the harmony between the branches of government, Agencia Brasil reported. In Haddad's view, National Congress and the Federal Supreme Court (STF) have an important role in the S&P's decision, but the Central Bank (BCB) needs to 'join the effort' and start reducing the interest rates.
Lula claims third term as president, narrowly defeating incumbent Jair Bolsonaro. Political divides remain deep, but the government appears balanced by a newly elected pro-market Congress.
Highlights include ECB, BoC, BoJ, PMIs, Aus CPI, Tory Leadership Race