Trump targets Brazil with a 50% tariff
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The official rate surpassed 4.5% for the sixth time in a row, thus breaching the new method adopted by the National Monetary Council early this year to gauge the adequacy of price changes.
Brazil's monthly inflation is expected to have slowed for the fourth time in a row in June due in part to lower gasoline prices, a Reuters poll showed.
President Donald Trump is threatening to impose 50% tariffs on Brazilian imports — a move that could spike prices of breakfast staples like coffee and orange juice.
Brazil’s Central Bank released a letter explaining why the Broad National Consumer Price Index (IPCA) surpassed the target in June.
16don MSN
Brazil's central bank on Thursday said it was confident in its strategy to hold interest rates steady even as its updated projections showed it would not meet its 3% inflation target through 2027.
SAO PAULO (Reuters) - Consumer prices came in slightly above expectations in July, pushed up by higher gasoline and air ticket costs, adding to monetary policy uncertainties after the central bank ...
(Bloomberg) -- Brazil’s and Mexico’s inflation accelerated above expectations in early October as a spike in prices of volatile items such as energy and food complicates the outlook for ...
Brazil's central bank expressed confidence in its capacity for keeping inflation close to the official target until the end of 2027.
In Brazil, annual inflation accelerated in September to 4.42%, in line with market expectations but above the 4.24% reported in the previous month, ...