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Brazilian inflation hits nearly three-year low; rate cuts on the horizon

Brazil's annual inflation in June fell to its lowest level since September 2020, data from statistics agency IBGE showed on Tuesday, renewing bets that an interest rate cut is around the corner as consumer prices continue to trend down. ....

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Argentina delegation travels to meet with IMF in US, source says

An Argentine team is traveling on Tuesday to the United States to meet with officials from the International Monetary Fund (IMF) to negotiate terms to relax the agreement between the two, a source at Argentina's economy ministry said. ....

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Lebanon PM will not extend central bank governor's mandate, office says

Lebanon's caretaker premier Najib Mikati will not extend the term of sitting central bank governor Riad Salameh when it ends later this month, the prime minister's office said on Monday. ....

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Twenty-four central banks will have digital currencies by 2030 - BIS survey

Some two dozen central banks across emerging and advanced economies are expected to have digital currencies in circulation by the end of the decade, the Bank for International Settlements (BIS) found in a survey published on Monday. ....

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Dow, S&P 500 kick off week higher ahead of inflation numbers

Investors looked ahead to a key inflation report and commentary from a slew of Federal Reserve officials this week. ....

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