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Brazil’s central bank chief argues for fiscal stability to ensure interest rate cuts
During a recent Senate session, Central Bank President Roberto Campos Neto emphasized the critical importance of fiscal stability in achieving interest rate reductions. He stressed that their main objective is to lay the groundwork for meaningful rate reductions. Campos Neto held that adopting policies in line with fiscal objectives is a top priority. Achieving these […]
Poverty in Chile drops to three-decade low
In 2022, Chile recorded a historic low in poverty levels since the initiation of records in 1987, with a drop to 6.5% from 10.7% in 2020. This data comes from the preliminary findings of the 2022 National Socioeconomic Characterization Survey (Casen) as published by the Ministry of Social Development and Family. The Ministry’s report noted […]
Brazil’s Stock Market Sees Surge in Domestic Investors
Brazil’s B3 stock market reported a significant rise in individual investors, up 11% from 17.2 million in 2022 to 19.1 million in a year. This growth reflects an ongoing trend of increased participation in the stock market. The stock market has witnessed a remarkable increase in individual investors, reaching 5 million by the end of […]