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Canada’s face-off with a catch 22 situation

Bloomberg The Bank of Canada may be forced to throw cold water on a rally in the Canadian dollar that’s threatening to derail the country’s economic growth. The central bank’s interest-rate decision this week will need to factor in a currency that’s gained the most among developed nations since policy makers helped get the rally going at their Jan. 20 ...

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Brazil real gains as speculation mounts Rousseff will be ousted

Bloomberg Brazil’s real strengthened, defying a slump in emerging-market currencies, as reports that President Dilma Rousseff could be directly implicated in a widening corruption scandal fueled speculation she’ll be ousted. Investors who think that a new government would be better positioned to lift the country out of its economic morass sent the real up 0.4 percent to 3.7722 per dollar ...

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Chile’s inflation rate fell in February as economy weakens

Bloomberg Chile’s inflation rate fell for the first time in three months in February after the economy expanded at the slowest pace in almost six years. Consumer prices rose 4.7 percent from the year earlier, the National Institute of Statistics said on Tuesday in a report on its website, compared with 4.8 percent the month before. The median estimate of ...

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