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Lebanon economic crisis worsened by vested interests, IMF says

Lebanon economic crisis worsened by vested interests, IMF says

© Reuters. FILE PHOTO: The International Monetary Fund (IMF) logo is seen outside the headquarters building in Washington, U.S., September 4, 2018. REUTERS/Yuri Gripas/File Photo By Maya Gebeily BEIRUT (Reuters) -Lebanon’s financial crisis has been aggravated by vested interests resisting crucial reforms, the International Monetary Fund (IMF) said on Thursday, warning that no action could…

Brazil cenbank chief signals he supports changing inflation target time frame

Brazil cenbank chief signals he supports changing inflation target time frame

© Reuters. FILE PHOTO: Brazil’s Central Bank President Roberto Campos Neto looks on during a ceremony at the Superior Electoral Court headquarters in Brasilia, Brazil, March 7, 2023. REUTERS/Adriano Machado/File Photo By Marcela Ayres BRASILIA (Reuters) – Brazil’s central bank chief Roberto Campos Neto indicated on Thursday he supports adopting a continuous time frame for the monetary authority to pursue inflation targets,…

Brazil central bank signals possibility of rate cut in August by majority view

Brazil central bank signals possibility of rate cut in August by majority view

© Reuters. FILE PHOTO: A man walks in front of the Central Bank headquarters building in Brasilia,Brazil?February 14, 2023. REUTERS/Adriano Machado/File Photo By Marcela Ayres BRASILIA (Reuters) -Brazil’s central bank signaled on Tuesday that a majority of its policymakers see a possibility of a “parsimonious” rate cut at its next meeting in August, provided that…