Bloomberg Brazil’s central bank signaled an acceleration in economic growth will be slow even as a benign inflation outlook clears the way for more benchmark interest rate cuts and the government readies new stimulus. Gross domestic product (GDP) was likely stable or slightly positive in the second quarter and growth will probably show “some acceleration” going forward, policy makers wrote ...

Bloomberg Citigroup Inc. has grown concerned the US-China trade war will persist long enough to dent any potential profit rebound for corporate America. Tobias Levkovich, the firm’s chief US equity strategist, cut his earnings forecast for S&P 500 companies this year by $3.80 to $166.20 a share. Global stocks have tumbled this month amid concern that the US-China trade spat ...

Bloomberg It used to be that a buildup in foreign reserves was seen as a bulwark against currency shocks and swift turns in investor sentiment. Those days seem far away — and that defense less robust — as the trade conflict between the US and China evolves into a full-blown currency war that’s threatening emerging markets globally. Reserves of central ...