Brazil Signals High Rates Will Last Longer
10 Articles
10 Articles
The Central Bank (BC) announces this Tuesday, at 8 a.m., the meeting of last week's Monetary Policy Committee (Copom), when the basic interest rate, Selic, was maintained at 13.75% a year. The unanimous decision interrupted a sequence of five cuts followed by 0.25 percentage point, started in March, when interest was 15% a year. Expert opinion: U.S. elections can favor Stock Exchange and real, but domestic risks limit gains See: Who is Alice Hua…
Ata do Copom sees pressures on inflation and signals weaker activity; understand what this means for Selic
Central Bank states that discouraged expectations require greater monetary restriction; Selic was maintained at 13.75%. Read on Power360.
The BC assessed that the effects of contractionary monetary policy on economic activity have gradually accumulated
The report of the Committee on Monetary Policy (Copom), which will be released on Tuesday, 10, will bring the version on the reason for maintaining the interest rate at 13.75%. But why does the loss of strength of the Brazilian economy still offer so little space to cut interest? The answer goes through the worsening of inflation expectations,... Read more » The post BC divulges today at the Copom that kept Selic rate at 13.75% appeared first in…
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