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Tag: central banks

Japan ends the era of negative rates and the yen suffers

Japan ends the era of negative rates and the yen suffers Japan ends the era of negative rates and the yen suffers

The Bank of Japan (BoJ) today put an end to the era of ultra-low rates that has lasted more than a decade in this country, considering that its economy has left its long deflationary cycle behind, a decision that caused a new depreciation of the Japanese currency. The Japanese central bank decided to raise short-term […]

The G20 of Finance discusses in Brazil the green transition and taxes on the rich

The G20 of Finance discusses in Brazil the green transition and taxes on the rich The G20 of Finance discusses in Brazil the green transition and taxes on the rich

The Ministers of Economy of the G20 They meet between this Wednesday and Thursday in São Paulo (Brazil) with the financing of the ecological transition, the taxation of large fortunes and the fight against inequality at the center of the debates. Brazil, which holds the presidency of the forum that brings together the largest economies […]

OECD: better financial conditions will boost some Latin American economies

OECD: better financial conditions will boost some Latin American economies OECD: better financial conditions will boost some Latin American economies

The Organization for Economic Cooperation and Development (OECD), in its most recent report, indicated that the world economy will show a slowdown this year and that it will be reflected in some Latin American economies. For example, Brazil has begun cutting interest rates and Mexico is expected to follow that path, which could boost growth […]

IMF estimates that central banks will lower interest rates in the coming months

IMF estimates that central banks will lower interest rates in the coming months IMF estimates that central banks will lower interest rates in the coming months

He International Monetary Fund (IMF) estimated this Tuesday that the main central banks world will begin to lower interest rates in the coming months, expectedly in the second half of this year. “What we are seeing is that central banks will delay easing until the second half of 2024. And that is when we anticipate […]

IMF deputy managing director urges central banks to “act cautiously”

IMF deputy managing director urges central banks to “act cautiously” IMF deputy managing director urges central banks to “act cautiously”

The deputy managing director of International Monetary Fund (IMF)Gita Gopinath, has urged central banks to “act with caution” and has estimated that, with the information currently available, the rate cuts would occur in the second half, not the first. The central banks “They must act with caution. “Once rates are cut, expectations of further cuts […]

Peru has the lowest reference interest rate in the region, according to the BCRP

Peru has the lowest reference interest rate in the region, according to the BCRP Peru has the lowest reference interest rate in the region, according to the BCRP

The reference interest rate of Central Reserve Bank of Peru (BCRP) Today it registers the lowest level – located at 6.50% – compared to the main economies of Latin America since the beginning of COVID-19, according to the entity. The last update of this indicator was made on Thursday, January 11, confirming 5 consecutive cuts […]

Higher forever? Markets see few rate cuts after 2024

Higher forever? Markets see few rate cuts after 2024 Higher forever?  Markets see few rate cuts after 2024

However much they may fall in 2024, pricing in money markets highlights the view that the decade of near-zero interest rates that prevailed after the Great Depression is unlikely to return. financial crisisas long as inflationary pressures and public spending remain high. That risks further pain for many public and private borrowers who clung to […]

Fed pivot dominates as global rate hike cycle falters in December

Fed pivot dominates as global rate hike cycle falters in December Fed pivot dominates as global rate hike cycle falters in December

The long-awaited turn in the monetary policy of the Federal Reserve from the United States arrived in December, the main central banks developed countries applied only one increase in interest rates and the number of cuts accelerated even more in emerging markets. In December, eight of the central banks that oversee the 10 most traded […]

BIS: central banks “not out of the woods” in fight against inflation

BIS: central banks “not out of the woods” in fight against inflation BIS: central banks “not out of the woods” in fight against inflation

He Bank of International Settlements (BIS), the body that brings together the world’s central banks, on Monday softened its hardline stance on inflation, calling recent progress encouraging but stressing that central banks are not yet out of the woods. Global economic data have begun to show a clear trend that multi-decade highs in inflation – […]

Major central banks pause but rate cuts remain distant

Major central banks pause but rate cuts remain distant Major central banks pause but rate cuts remain distant

What comes after the break? On October 26, the European Central Bank (ECB) broke a 15-month series of interest rate hikes by keeping borrowing costs at a record level, echoing recent actions by the Federal Reserve and the Bank of England (BoE). The stage is now set for the world’s major rate-setters to telegraph how […]