Latin America & Caribbean
Colombia cuts rates by 50bp in split decision
Uncertainty over fiscal budget prevents further easing, analysts say
Bank of Mexico cuts rates by 25bp amid slowing inflation
Doveish tone signals further easing to come, say analysts
Clearer guidelines needed for crisis co-operation – FSI report
BIS institute publishes findings from exercise simulating bank failure in Latin America
Central Bank of Brazil warns against lavish fiscal spending
Policy committee says unsustainable public debt would make it harder to control inflation
Paraguay holds rates at 6%
Central bank points to positive signs in domestic economy and external environment
Brazil raises policy rate by 25bp in unanimous decision
Central bank defies global easing cycle as domestic inflation remains above target
Peru cuts rates by 25bp for second successive month
Policy rates among lowest in Latin America amid cooling domestic inflation
Costa: communication was key during high inflation period
Chile’s central bank governor says explaining price rises to public brought new challenges
LatAm rate hikes consistent with pre-Covid strategy – BIS paper
Region’s central banks did not become more hawkish during pandemic, researchers argue
Brazil announces new themes for phase two of CBDC pilot
BCB selects private companies to test implementation of “smart contract” for drex currency
Chile resumes rate cuts following unanimous vote
Central bank announces 25bp reduction amid weak consumption and moderate inflation
Campos Neto on inflation targeting, independence and the future of financial intermediation
The Brazilian governor speaks with Christopher Jeffery about tackling inflation, the need for financial autonomy, and redefining the financial landscape with open finance, programmable Pix, deposit tokenisation and sound cross-border payments governance
Uruguay holds rate for fourth consecutive time
Central bank projects inflation will remain with 3–6% target over coming two years
Brazil congress postpones central bank autonomy bill again
Senate committee yet to schedule new date for vote on proposed law
Banxico cuts rates by 25bp in split decision
MPC says core inflation has been gradually falling, despite rise in headline figure
LatAm rates round-up: Brazil and Chile hold while Colombia cuts
Central banks maintain cautious stance as disinflation slows across region
BIS Americas chief: region must stay alert to inflation risks
Tombini praises efforts to tackle inflation, while outlining monetary policy challenges
Uruguay appoints new central bank president
Vice-president promoted as outgoing chief resigns
Brazil delays launch of recurring instant payments function
BCB postpones Automatic Pix until June 2025
Argentina sells dollars in parallel FX market
Domestic currency’s CCL value jumps as central bank tightens monetary supply
Banxico dovish in minutes published after rate hold
Minutes “softly hints at rate cut”, analyst says
Central banks continue climate action despite political pressure
Reserve managers are expanding green investments, as some incorporate “double materiality”
Four central banks commit to responsible artisanal gold principles
Colombia, Ecuador, Mongolia and the Philippines commit to principles aimed at guiding domestic small-scale, gold-buying schemes
How Argentina’s financial tango could become a dance of death
Central bank and government’s unholy alliance is storing up further trouble for economy