Bloomberg Brazil President Jair Bolsonaro floated the possibility that public servants won’t receive a raise for the fourth year in a row, dismissing pressure by workers that has led to cargo holdups and work slowdowns. “It could be that there is no adjustment for anyone,” Bolsonaro said in Brasilia. “Anything is possible,” he added, emphasizing that raises aren’t a ...

  Bloomberg China’s central bank has fuelled expectation it will ease monetary policy early this year with its vow to take proactive action to stabilise growth in 2022. A growing number of economists are predicting the People’s Bank of China (PBOC) will cut banks’ required reserves as well as policy interest rates in the first quarter, as fresh pandemic outbreaks ...

  Bloomberg Argentina raised its benchmark interest rate for the first time in over a year as it faces calls from the International Monetary Fund (IMF) to tighten its monetary policy. The central bank lifted the key Leliq rate to 40% from 38%, the level it had stood for over a year even with annual inflation running at around 50%. ...