Browsing Tag

Brazil

Brazil Credit Growth Continues To Pick Up

By Win Thin Brazil loan growth continues to pick up and it belies the notion that macroprudential measures are having any discernible effect on the economy. Total loans rose 1.4% m/m in February vs. 0.5% m/m in January, bringing the y/y…

Some Thoughts On Brazil

By Win Thin Local Brazil analysts are saying that new measures to curb currency appreciation are basically ready to go. Finance Minister Mantega has reportedly not decided yet if he is going to release details today or not, and that he is…

Currency manipulation

By Michael Pettis On Friday the US Treasury released its presumably semi-annual (it was due last October) report to Congress on currency issues, and in it refrained from calling any of the countries under review “currency…

Some Thoughts On Brazil Rate Hike

By Win Thin Brazil central bank hiked rates 50 bp late yesterday to 11.25%, as expected, though some chatter was heard about a possible 75 bp move. It said the move was the beginning of an adjustment process that along with “macro…

Brazil Rate Hike Chatter Picks Up

by Win Thin Chatter about possible Brazil rate hike today is picking up after November IPCA inflation rose 0.83% m/m and 5.63% y/y. The y/y rate is the highest since February 2009, when the SELIC policy rate was 12.75%. While there is a…

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More