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Brazil monetary council will not discuss inflation targets -minister

Brazil monetary council will not discuss inflation targets -minister

© Reuters. FILE PHOTO: Brazilian Economy Minister nominee Fernando Haddad speaks during a news conference in Brasilia, Brazil December 13, 2022. REUTERS/Ueslei Marcelino BRASILIA (Reuters) – Brazil’s Finance Minister Fernando Haddad said on Tuesday that the National Monetary Council, the government’s top economic policy body, will not discuss changing inflation targets at its monthly meeting…

Colombia’s central bank may need more rate hikes depending on inflation -IMF

Colombia’s central bank may need more rate hikes depending on inflation -IMF

BOGOTA (Reuters) -Colombia’s central bank may need to consider additional hikes to its benchmark interest rate, depending on how inflation in Latin America’s fourth-largest economy behaves, the International Monetary Fund (IMF) said on Tuesday, while not ruling out other internal risks. The board of Colombia’s central bank has raised borrowing costs by a total of…