Free Trial

Risk of Steeper Rate Hikes: Former Central Bank Head

BRAZIL
  • Brazil's central bank is at risk of having to raise interest rates more than expected just a month after surprising investors with a bold rate hike, according to former central bank chief Gustavo Loyola.
  • "They're in a difficult position," Loyola, currently a managing partner at Tendencias Consultoria, said in an interview. "They're waiting to see what the scenario will bring, if this pace of tightening is enough to anchor inflation expectations." (Bloomberg)

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.