Inflation has cooled more than forecast in Brazil. This development comes ahead of a rate decision.
Further information on this topic is available from Bloomberg.com, which reported on the cooling of inflation in Brazil.
Details of the rate decision and its potential impact are not provided here, but can be found through the same source, which has more information on the inflation trend in Brazil and the upcoming rate decision.
The Federal Reserve appears increasingly likely to hike interest rates next week, as inflation remains stubbornly elevated amid the war with Iran. New data out Friday showed annual inflation remained unchanged in August, still well above the central bank’s target 2 percent rate. ...
