Copom Must Cut Selic at This Meeting, but December Is in Doubt, Says Economist – Money Times

Globo

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The Central Bank's Monetary Policy Committee (Copom) meets on Wednesday (16) to define the level of the Brazilian economy's basic interest rate, currently at 13.75% after five consecutive cuts. The BC's decision on the interest rate will be announced after 6 p.m. At the first meeting of the Copom after the re-election of President Luiz Inácio Lula da Silva (PT) for another term, the bank economists are divided: the majority still bet on a new cu…

infomoney.com.br

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Managers and economists estimate that a cut without fiscal adjustment signals tends to increase the prize in the long pay-offs of the curve, already pressed since Lula's re-election

moneytimes.com.br

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The Monetary Policy Committee (Copom) must cut the Selic rate at the next meeting, this Tuesday and Wednesday, but a further reduction in December will depend on the evolution of the fiscal scenario, the dollar and inflation expectations. This is the assessment of Marcela Kawauti, Chief Economist of Lifetime, who sees less room for the Central Bank [...]