Central Bank of Brazil (BCB)
Brazil may raise inflation target
Economists have said that Brazil is likely to raise its inflation target to a more realistic level which could allow the central bank more room to reduce interest rates, according to a report by Bloomberg.
Central Bank of Brazil - Annual Report 2001
The Central Bank of Brazil has published its Annual Report for the year ended 2001.
Brazilian bill paves way for central bank autonomy
A bill was approved on Thursday May 15 which allows changes to the legal framework of Brazil's financial system and could see more autonomy for the central bank, according to a Reuters report. The vote, which was carried with a 97% majority in favour,…
Good times - so far - for Meirelles in Brazil
Henrique Meirelles, who took over as governor of the Central Bank of Brazil in January, discusses with the Financial Times the changes from his time on Wall Street to spearheading monetary reform in Brazil. Though the monetary policy medicine appears to…
Brazil c bank warns inflation to stay high for now
The central bank of Brazil has said in the minutes from its most recent meeting that it expects the rise in inflation to fall back but risks remain that inflation will remain at "elevated levels".
Central Bank of Brazil COPOM Minutes
MINUTES - The Banco Central Do Brasil has published the minutes of the 80th meeting of the Monetary Policy Committee (COPOM), 21 and 22 January. The Committee decided unanimously to increase the Selic rate to 25.5% after an anticipated overshoot of the…
Central Bank of Brazil COPOM Minutes
MINUTES - The Banco Central Do Brasil has published the minutes of the 78th meeting of the Monetary Policy Committee (COPOM), 19 and 20 November. The Committee decided unanimously to increase the Selic rate to 22% in light of increased inflation…
Brazil c bank raises key interest rate to 22 pct
After a sharp increase in rates by three percent, which we reported just last month, the Banco Central Do Brasil has again raised interest rates. This time a more modest rise of one point was signalled by the central bank. Inflation is a concern with…
Brazil's central bank plans new payments system
BRAZIL - The Central Bank of Brazil will put in place a new payments system for large transactions, Sistema de Pagamentos Brasileiro, in 2002, following guidelines from the Basel-based Bank for International Settlements.
The Brazilian Supervisory Framework - Developments
RESEARCH - Brazil's central bank, Banco Central Do Brasil, has recently published a paper tiltled 'Recent Developments in the Brazilian Supervisory Framework - Consolidated Supervision in Brazil.'
Decentralized Portfolio Management
RESEARCH - Paulo Coutinho and Benjamin Miranda Tabak at the Central Bank of Brazil have produced an article titled Decentralized Portfolio Management. It is part of the Bank's Working Paper series, June 2001.
Brazil c-bank may transfer liquidation admin
BRAZIL - The central bank of Brazil is involved in a debate on transferring the administration of financial institutions in liquidation from the Central Bank to the Credit Guarantee Fund (FGC).
Central bank of Brazil confirms fraud
BRAZIL - After more than a year and a half of investigations, the Brazilian Central Bank now claims it has proof of white collar crime in the management of the now extinct bank Bamerindus.
Brazil hikes interest rate 50 bp to 16.25 pct
BRAZIL - Brazil's Central Bank on Apr 18 said it was hiking its key Selic lending rate for the second month running to 16.25 percent from 15.75 percent, due to expected inflation pressures from a weakening currency.
Brazil cbank forecasts inflation at 4.8% in 2001
BRAZIL - Brazilian inflation, as registered by the IPCA index, should reach 4.8 percent in 2001, above initial forecasts but within government targets, the central bank said Mar 30, 2001.
BCB Fraga on the list of presidential candidates
Right-wing coalition PFL party president Jorge Bornhausen named Banco Central do Brasil chairman Arminio Fraga as a candidate for the 2002 presidential elections who could achieve unanimity between the government coalition.