Bloomberg Kenya surprised most analysts by keeping its benchmark interest rate unchanged for the first time since July, as it sees inflation declining in the near term. The monetary policy committee held the rate at 8.75%, Governor Patrick Njoroge said in an emailed statement. Only two of five economists in a Bloomberg survey expected the rate to remain unchanged. ...

  Bloomberg Brazil’s central bank will likely hold its interest rate steady for the fourth straight meeting as inflation expectations rise further above target and President Luiz Inacio Lula da Silva questions the institution’s goals. All 32 economists in a Bloomberg survey expect board members to keep the benchmark Selic rate unchanged at 13.75%, when the central bank wraps up ...

Bloomberg The crisis of confidence plaguing Gautam Adani is deepening, with the selloff in the Adani group shares triggered by Hindenburg Research’s fraud allegations rapidly turning into a meltdown despite the completion of a key share sale. The declines accelerated in afternoon trading in Mumbai after Bloomberg reported Credit Suisse Group AG has stopped accepting bonds of Adani’s group of ...