Market Projects Selic over 10% a Year in Both Lula Mandates
4 Articles
4 Articles
Financial market foresees interest of two digits by 2030, during the two terms of Lula Jornal Nacional/Reproducción At the beginning of the third term of President Luiz Inácio Lula da Silva, in 2023, the financial market projected that the basic interest rate would fall to one digit, less than 10% per year, by 2024. Almost four years later, this expectation became more distant. The current forecast of bank economists is that Selic will not reach…
Brazil's basic interest rate should remain in two digits until the end of the decade, according to estimates of more than 100 financial institutions consulted by the Central Bank. If the projections are confirmed, the country should live with Selic over 10% throughout the current cycle of government of President Luiz Inácio [...]
Central Bank research with more than 100 banks projects Selic over 10% a year by 2030 in both Lula mandates.
According to the g1, market projects Selic above 10% by 2030; real interest of 9.49% is the largest in the world and public debt worries
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