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Brazil central bank says 2027 slowdown key to inflation convergence

Brazil central bank says 2027 slowdown key to inflation convergence

BRASILIA, Sept 24 (Reuters) - Brazil's central bank sees a slowdown in economic activity next year as essential for inflation to converge to its 3% target, a senior official said on Thursday.

Explainer-Brazil's two main presidential candidates promise fiscal fixes, but leave hard choices unsaid

Explainer-Brazil's two main presidential candidates promise fiscal fixes, but leave hard choices unsaid

By Marcela Ayres and Bernardo Caram BRASILIA, Sept 24 (Reuters) - The two leading candidates in Brazil's tightly contested presidential race differ sharply on how fast they would tackle the country's fiscal challenges, but both have stopped short of detailing the politically costly measures likely

Fed's Paulson says more rate hikes may be needed to quash inflation

Fed's Paulson says more rate hikes may be needed to quash inflation

By Michael S. Derby Sept 24 (Reuters) - Philadelphia Federal Reserve President Anna Paulson said on Thursday additional interest rate hikes may be needed to bring high inflation back to the US central bank's 2% target.

Fed officials see rates likely rising to curb high inflation

Fed officials see rates likely rising to curb high inflation

By Michael S. Derby Sept 24 (Reuters) - The U.S. central bank will likely need to raise interest rates again to curb unacceptably high inflation, two Federal Reserve policymakers said on Thursday.

Brazil central banker says predictable rate moves best response to uncertainty

Brazil central banker says predictable rate moves best response to uncertainty

BRASILIA, Sept 23 (Reuters) - Brazil's central bank monetary policy director Nilton David said on Wednesday that the best response to the current uncertainty was to pursue smooth and predictable interest rate moves. Speaking at an event hosted by J.

Fed's Collins says she supported rate hike, warns of elevated inflation risks

Fed's Collins says she supported rate hike, warns of elevated inflation risks

By Michael S. Derby Sept 22 (Reuters) - Boston Federal Reserve President Susan Collins wrote on Tuesday that she supported the US central bank's decision last week to raise interest rates in the face of risks that future inflation will be above the 2% target.

Fed again hoping for a pain-free landing from current inflation spike

Fed again hoping for a pain-free landing from current inflation spike

By Howard Schneider and Ann Saphir WASHINGTON/SAN FRANCISCO, Sept 24 (Reuters) - US Federal Reserve officials, who have begun hiking interest rates to tame high inflation, believe they can do so without damaging the job market if businesses come to anticipate falling inflation as a reason to raise

Corporate finance chiefs lift inflation outlook, cite rates as concern - Fed survey

Corporate finance chiefs lift inflation outlook, cite rates as concern - Fed survey

By Howard Schneider WASHINGTON, Sept 23 (Reuters) - Company chief financial officers expect higher inflation this year and next, and have begun to cite rising interest rates as a top concern, according to a new US Federal Reserve survey.

Fed's Barr says further rate hikes will likely be needed

Fed's Barr says further rate hikes will likely be needed

Sept 23 (Reuters) - Federal Reserve Governor Michael Barr said on Wednesday the US central bank took an important step last week to "recalibrate" short-term borrowing costs to bring down inflation, and will likely need to deliver further interest rate hikes.

New Zealand central bank chief sees risks to economy, inflation

New Zealand central bank chief sees risks to economy, inflation

SYDNEY, Sept 22 (Reuters) - New Zealand's top central banker said on Tuesday if recent gains in oil prices persist it would lead to "somewhat" higher inflation than previously forecast, adding that there remained significant risks to the country's economic recovery.

Australia housing runs out of rescuers as RBA is set to hike rates

Australia housing runs out of rescuers as RBA is set to hike rates

By Stella Qiu SYDNEY, Sept 24 (Reuters) - For decades, whenever house prices in Australia fell, the central bank rode to the rescue with rate cuts to shore up economic demand and keep households spending.

BofA forecasts two BoE rate hikes as energy prices stoke inflation concerns

BofA forecasts two BoE rate hikes as energy prices stoke inflation concerns

Sept 23 (Reuters) - Bank of America Global Research became the latest brokerage to expect the Bank of England to raise interest rates twice over the next six months, as higher energy prices raise the risk of persistent inflation.