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Brazil election rivals offer competing cures for high long-term interest rates

Brazil election rivals offer competing cures for high long-term interest rates

BRASILIA, Aug 25 (Reuters) - Brazil's presidential campaigns are clashing over how to bring down long-term interest rates, with advisers to the leading candidates offering sharply different prescriptions for reducing borrowing costs across the economy.

Brazil's inflation cools as prices post first monthly decline in a year

Brazil's inflation cools as prices post first monthly decline in a year

SAO PAULO, Aug 26 (Reuters) - Brazil's annual inflation slowed more than expected in the 12 months through mid-August as consumer prices posted their first monthly decline in a year, reinforcing signs that price pressures are easing in Latin America's largest economy.

Brazil's Flavio Bolsonaro to introduce public debt ceiling if elected president, adviser says

Brazil's Flavio Bolsonaro to introduce public debt ceiling if elected president, adviser says

BRASILIA, Aug 26 (Reuters) - Brazilian Senator Flavio Bolsonaro would introduce a ceiling on public debt if elected president later this year, triggering spending restraints if a predetermined threshold is exceeded, a senior campaign adviser said on Wednesday.

Explainer-Jackson Hole's big question: who pays the government's bill?

Explainer-Jackson Hole's big question: who pays the government's bill?

Aug 25 (Reuters) - Rising borrowing costs for heavily indebted governments and growing strains in sovereign bond markets are forcing investors to confront a question once considered unthinkable: will central banks ultimately be called on to help pay the bill?

Australia inflation tops forecasts in July, adds to rate risk

Australia inflation tops forecasts in July, adds to rate risk

SYDNEY, Aug 26 (Reuters) - Australian consumer prices rose more than expected in July as fuel and travel costs jumped, data showed on Wednesday, while core inflation also exceeded forecasts and added to the risk of another hike in interest rates.

Brazil vote offers opposing politics, similar fiscal outcomes

Brazil vote offers opposing politics, similar fiscal outcomes

By Rodrigo Campos and Paula Laier NEW YORK/SAO PAULO, Aug 26 (Reuters) - Brazil’s October election offers voters yet another stark left-versus-right choice, but investors see less difference on the fiscal front with debt likely to keep rising under either candidate.

US stock futures subdued in run-up to Nvidia results, inflation print

US stock futures subdued in run-up to Nvidia results, inflation print

Aug 26 (Reuters) - U.S. stock index futures were little changed on Wednesday as investors stayed cautious ahead of AI bellwether Nvidia's earnings and a closely watched inflation report that could influence interest-rate expectations.

Australia inflation runs hot in July, markets reprice rate hike risk

Australia inflation runs hot in July, markets reprice rate hike risk

By Stella Qiu SYDNEY, Aug 26 (Reuters) - Australian consumer prices rose more than expected in July as fuel costs jumped, data showed on Wednesday, while core inflation also exceeded forecasts and added to the risk of another hike in interest rates.

BOJ to speed up its tightening campaign, raise key rate to 1.25% in September: Reuters poll

BOJ to speed up its tightening campaign, raise key rate to 1.25% in September: Reuters poll

By Satoshi Sugiyama TOKYO, Aug 26 (Reuters) - The Bank of Japan will move more swiftly than previously expected and raise interest rates again in September, a majority of economists said in a Reuters poll, with the terminal rate also likely to be higher.

Bessent just made his case against debt-cutting

Bessent just made his case against debt-cutting

The Treasury secretary's answer to the debt has almost nothing to do with cutting it.

Shares, oil dip as US sanctions on Iran loom

Shares, oil dip as US sanctions on Iran loom

By Iain Withers and Wayne Cole LONDON/SYDNEY, Aug 24 (Reuters) - Global stocks slipped on Monday and oil prices eased as investors awaited details of threatened U.S. sanctions on Iran, while the Canadian dollar dipped as a trade war loomed with its southern neighbour. U.S.

Mexico's economy blooms in Q2, fastest growing pace since 2022

Mexico's economy blooms in Q2, fastest growing pace since 2022

By Aida Pelaez-Fernandez MEXICO CITY, Aug 24 (Reuters) - Mexico's economy rebounded in the second quarter from the previous three-month period, national statistics agency INEGI said on Monday, posting its strongest expansion since early 2022.