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'Indexation' increases costs of everything from electricity to healthcare, and contributes to Brazil's status as having the highest inflation persistence of any emerging market.
Basel Committee says it won't 'significantly' increase banks' capital requirements any further in the remaining stages of its rules overhaul.
Goal is to stop revenue diversion from bond payments to other creditors.
As central banks back off from efforts to stem market losses, analysts suggest 2016 "will not be a tranquil year."
As central banks back off from efforts to stem market losses, analysts suggest 2016 "will not be a tranquil year."
Here's how to navigate the two nations' differences in treasury practices and banking processes.
Next interest rate increase isn't expected until March, which gives policy makers time to evaluate the impact of turmoil in global markets.
