Brazil Central Bank Holds Selic Rate at 15%, Signals Long Pause Ahead

Revista Oeste

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The Committee on Monetary Policy (COPOM) decided to maintain the basic interest rate at 15% per year, in accordance with a meeting on this Thursday, 5. This is the third consecutive time that the college chooses to retain the current level of the cost of money. The decision, unanimously, was the basic scenario of the financial agents. The market now sees the next signs to estimate when a tax reduction cycle can take place. In official communicat…

Jovem Pan News

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The Committee on Monetary Policy (COPO) of the Central Bank of Brazil decided, on this Thursday (5), to maintain the basic rate of interest rates in the economy in 15%, the largest rate in almost 20 years. The decision, which takes place for the third time in the year, was already expected by the economic market economists, even since the last meetings – which took place in July and September – has shown signs of desceleration, credit loss and i…

Gazeta Do Povo

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Despite the pressure of the Lula government by juris court, Copom maintained a basic interest rate of 15% per year. Read the People's Journal.

Globo

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The expectation of maintaining levels was unanimous among the 120 financial institutions surveyed by Valor.