Brazil’s Central Bank Holds Selic Rate Steady at 10.5%
On Wednesday, Brazil’s Central Bank (BCB) Monetary Policy Committee (Copom) decided to maintain the Selic rate at 10.5% annually, Agencia ...
Tag: Economics
Colombian Central Bank Lowers Interest Rate, Adjusts Growth Forecast
On Wednesday, Colombia’s central bank announced a reduction in its benchmark interest rate by 50 basis points to 10.75%. This ...
Brazil’s Unemployment Rate Hits a Decade Low as Job Numbers Surge
Brazil's job market reached a notable milestone in the second quarter of 2024, with the unemployment rate falling to 6.9%, ...
Colombia Proposes $130 Billion Budget for 2025 Amid Fiscal Challenges
Colombia's government has introduced a 2025 budget proposal amounting to 523 trillion pesos ($130 billion) to lawmakers, as per a ...
Venezuela’s Inflation Decline: Struggles Persist for Citizens Amid Rising Living Costs
Despite significant improvements in Venezuela's inflation rates, many citizens continue to struggle with the escalating costs of basic necessities. Economic ...
IDB and IMF Strengthen Environmental and Economic Ties with Paraguay
This week in Asunción, the Inter-American Development Bank (IDB) and the International Monetary Fund (IMF) unveiled plans to deepen their ...
Venezuelan Inflation Eases, but Economic Strain Persists Ahead of Election
As Venezuelan President Nicolas Maduro seeks reelection this Sunday, his administration has managed to significantly reduce the country's inflation from ...
Brazil’s Economic Growth Sustained Amid Rising Public Spending and Fiscal Concerns
Brazil's economy is expected to grow steadily over the medium term, driven by increased public spending, despite fiscal challenges, according ...
Bolivian Government Takes Bold Steps to Stabilize Exchange Rate
The administration of Bolivian President Luis Arce Catacora is taking decisive actions to prevent the local currency from further devaluation ...
Brazil’s Economic Outlook: Currency Soars and Unemployment Falls
Brazil's economy is facing mixed signals as recent figures show a volatile exchange rate and stock market performance, alongside a ...
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