Bloomberg Business

Brazil Readying Another Half-Point Interest Rate Cut

Brazil’s central bank will likely deliver its second straight interest rate cut of 50 basis points as services inflation recedes even as activity proves resilient to high borrowing costs.

PBOC Says Policy Room Is Ample as Analysts Bet on Rate Cuts

China’s central bank said it has sufficient policy space to support the economy’s recovery, adding to expectations there could be more easing to come — including interest rate cuts — after this month’s pause.

Commerzbank CFO Signals $960 Million in Payouts for 2023

Commerzbank AG may end up making about €900 million ($962 million) in payouts for this year as it’s on track to produce about €1.8 billion in net income, Chief Financial Officer Bettina Orlopp said Tuesday.

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