Bloomberg Brazil’s central bank will likely slow the pace of interest rate increases as it calibrates one of the world’s most aggressive monetary tightening cycles despite a breakneck surge in local fuel prices. Policy makers will raise the benchmark Selic by 100 basis points to 11.75%, according to 38 of 44 economists in a Bloomberg survey. Four of them ...

  Bloomberg America’s biggest lenders, including JPMorgan Chase & Co, Bank of America Corp and Citigroup, are emerging as major winners from the Federal Reserve’s most aggressive campaign to increase borrowing costs in years. Banks were among the best performing groups in the S&P 500 Index, as the sector rose 3.7% to the highest in two weeks. The KBW Bank ...

Bloomberg Stocks jumped on Thursday on a surge in Chinese technology shares and as traders digested the Federal Reserve’s view that a robust US economy can weather the campaign against high inflation now underway. An Asia-Pacific equity index rises about 3%, boosted by China’s effort to stabilize its markets, which was unveiled a day ago. US and European futures climbed ...