central bank

President Javier Milei plans to send Congress structural reforms including a US-style spending cap mechanism that would halt executive spending once the budget is exhausted. The reforms also target a central bank charter overhaul to prevent excessive money printing.

Former central bank president Vittorio Corbo estimates a 30% chance of Chile entering a technical recession, noting that June activity must not decline by 0.5% from May to avoid it, following a 0.9% monthly activity drop.

Brazil's inflation has cooled with a 0.41% rise in early June, the second consecutive monthly slowdown below expectations. The central bank has reduced the benchmark Selic rate to 14.25%, marking the third consecutive quarter-point cut. Annual inflation was near 4.7% in May.

The Federal Reserve's June meeting minutes will provide insight into the leadership approach of new Fed Chair Kevin Warsh. Investors anticipate the minutes but may not find the information in a favorable light.

President-elect Keiko Fujimori asked Julio Velarde to continue as central bank chief, and he accepted on July 6. Velarde has led the bank since 2006 and will serve under Fujimori, marking his eleventh president.

Brazil’s state companies recorded a primary deficit of R$7.4bn in the first five months of 2026, surpassing the R$5.9bn shortfall for all of 2025, the worst on record. The data comes from the central bank’s fiscal statistics.

Washington downgrades USMCA, a Lima court reclaims China's Chancay port, and Milei targets the central bank. The article highlights these three key developments in Latin American news for July 3, 2026.

Standard Chartered Bank is targeting mid-sized African companies for debt sales. The article also references Nigerian cash replacement efforts by the Central Bank, defended by Governor Godwin Emefiele amid public chaos.

Brazil's loan defaults reached a record 4.7% in May 2023, with household defaults at 5.6% and company defaults at 3.24%, the highest levels since 2011 and 2017 respectively, despite ongoing debt relief measures.

Iranian Deputy Foreign Minister Kazem Gharibabadi stated that Tehran will use part of its frozen assets in Qatar to purchase goods needed by the country. The funds, under a US-Iran agreement, remain unclear in their release mechanism and timeline.

Tunisia has rejected an IMF program and plans to raise nearly 2 billion euros in 2026 through markets, relying on its central bank to manage debt as bills mature.

Pakistan's inflation has cooled, prompting the central bank to remain cautious. Shoppers are purchasing fruits at a market in Islamabad.

Eurozone inflation fell to 2.8% in June, exceeding expectations, but remained above the central bank's target for the fourth consecutive month.

President-elect De la Espriella appointed Miguel Gómez Martínez as finance minister. Gómez has experience as an economist, Bancóldex president, vice comptroller general, and ambassador to France. He pledged to respect the central bank’s independence.

The South African rand experienced a surge in trading amid volatility caused by war, according to a central bank statement. The article references South African 100 rand banknotes as part of the context.

The Supreme Court upheld the independence of the Federal Reserve, while other agencies did not receive the same level of protection. The decision highlights a contrast between the central bank's status and that of other government entities.

Bolivia ended its dollar peg on June 26, adopting a flexible exchange rate. The previous fixed rate of 6.96 bolivianos per dollar since 2011 was replaced with a new rate of 9.73, resulting in a 30% devaluation.

American consumers became more optimistic as inflation fears eased due to a cooling Iran conflict and falling oil prices near $69, but Wall Street declined with the Nasdaq dropping for a fifth consecutive day amid doubts about funding the AI boom. Brazil's central bank maintained rate cuts due to cheaper oil, strong investment inflows, and lower U.S. yields, highlighting a contrast between a brightening Main Street and an anxious market.

Brazil is launching a public system called 'duplicata escritural' that allows companies to borrow against unpaid invoices, similar to the Pix payment system. The central bank will activate it on June 30 in Brasilia.

Ghana requires large miners to sell 30% of their gold output to the Central Bank to build reserves, up from 20%, but the policy faces resistance from the mining industry.

Kevin Warsh, the new Fed Chairman, is selecting a new head for the Federal Reserve Bank of Atlanta, presenting an opportunity to reshape the central bank.

An Iranian delegation led by Mohammad Bagher Ghalibaf and including Foreign Minister Abbas Araghchi has arrived in Switzerland for negotiations with the US. The group represents Iran's security sector, central bank, and oil industry, aiming to restart talks paused after Israel-Hezbollah military escalations.

Canada's economy experienced a stall in the first quarter due to a weakening housing market, though a patient central bank and resilient consumer spending are mitigating the downturn. The situation has been largely overlooked globally.

Britain's inflation cooled, leading to a divided central bank debate over potential rate hikes instead of cuts. Norway's hawkish stance is highlighted in the intelligence brief.

Lenders in Brazil auctioned 14,219 repossessed farms in 2025, a 30% increase from the previous year, as problem rural loans surged to over R$171 billion and farm loan delinquency reached 19.6%.

The central bank reduced its key rate to 14.25% for the third consecutive time, but provided no indication of future monetary policy moves. The US Federal Reserve's actions caused market volatility.

The central bank reduced its key interest rate to 14.25% for the third consecutive time, but provided no indication of future monetary policy moves. The US Federal Reserve's recent actions caused market volatility.

Brazil's economy grew in April according to the central bank's GDP preview, showing resilience. This growth reduces the central bank's flexibility to cut interest rates as the Copom committee deliberates.

The central bank is set to announce its interest-rate decision, with most economists anticipating a small cut. Markets will also react to the US Federal Reserve's decision on the same day.

The central bank is set to announce its interest-rate decision, with economists anticipating a small cut. The US Federal Reserve is also making a decision today. The article is published by The Rio Times.

Fed Chair Warsh is expected to withhold his 'dot' from the central bank's interest rate outlook. The Federal Open Market Committee is set to release its quarterly update of where individual officials expect interest rates to head.

The central bank's rate-setting committee is meeting today and tomorrow to decide on interest rates, with a decision expected tomorrow evening. A small interest rate cut is the favored outcome, though the decision is described as genuinely open.

Zimbabwe’s state-owned gold miner Mutapa Gold Resources aims to double annual production to 220,000 ounces by 2029. The company secured $75 million from Zimbabwean banks to boost output, with additional funding expected from foreign lenders. Gold accounted for nearly half of Zimbabwe’s $9.7 billion export revenues last year, and Harare earned $1.2 billion from gold in January-April 2024, more than double the same period in 2025.

The São Paulo Daily Brief highlights the central bank's upcoming two-day interest rate meeting starting tomorrow. The article also mentions a sports-related draw on Saturday, though details are incomplete.

The Rio de Janeiro Daily Brief highlights the upcoming central bank meeting on interest rates starting tomorrow. The article also references a draw in a sports event on Saturday, though no further details are provided.

Zimbabwe is regulating its cryptocurrency sector by requiring firms to register with the central bank. Registration costs $500 initially and $400 annually, with unregistered operations now considered an offense.

Kenya's inflation reached 6.7% in May 2026 as the central bank maintained interest rates and reduced its 2026 economic growth forecast, citing increased energy costs linked to the Middle East war.

The Ibovespa fell 0.21% to 171,133 as rising inflation in Brazil increased expectations of a stricter central bank policy, despite the real currency strengthening. The stock market's decline followed a recent record surge.

The Sri Lankan Rupee surged 2% following a Central Bank measure to support foreign exchange. The intervention aimed to stabilize the currency amid economic pressures.

Colombia's trade ministry reported a 34% year-on-year increase in first-quarter foreign direct investment ($3,794m) using central bank balance-of-payments data, while another central-bank series tracking actual currency flows showed investment declines. The discrepancy arises from differing methodologies in measuring investment.