Brazil central bank to raise rates another 100bps in January: Reuters poll
By Gabriel Burin BUENOS AIRES (Reuters) – Brazil’s central bank will raise its benchmark interest rate by 100 basis points on Jan. 29, with more to increases follow, taking the cost of borrowing to the highest in nearly two decades by
Russian companies expect 2025 inflation above 10%, central bank survey shows
MOSCOW (Reuters) – Russian companies surveyed by the central bank expect inflation in 2025 of 10.7%, more than double the official forecast, and named labour shortages as one of the main factors stopping them expanding production, the central bank said
ECB pitches digital euro as response to Trump’s crypto push
FRANKFURT (Reuters) – Euro zone banks need a digital euro to respond to U.S. President Donald Trump’s push to promote stablecoins, a type of cryptocurrency typically pegged to the U.S. dollar, European Central Bank board member Piero Cipollone said on