Brazil Set to Hold Key Rate at 13.75%
12 Articles
12 Articles
The monetary policy committee of the Central Bank meets again this week to define the new level of the basic interest rate. The decision to be announced on Wednesday (4) will be the first one after the re-election of President Luiz Inácio Lu
The financial market has migrated in weight to the stake in the maintenance of the Selic Tax this week after the victory of President Luiz Inácio Lula da Silva (PT) over Flávio Bolsonaro (PL) in the dispute of the command of the Palace of the Planalto from 2027. Before, there was a majority expectation of an additional cut of 0.25 percentage point in the Monetary Policy Committee (Copom) of the Central Bank (BC) that closes this Wednesday thanks…
The Monetary Policy Committee defines, this week, the direction of the basic rate. Currently, Selic is at 13.75% per year The post Meeting of the Copom rekindles the fight between Lula and Central Bank on interest and fiscal challenge apareceu primeiro em ND More
Forbes, the world's most conceptualized business and economic magazine. Accumulated inflation above the target ceiling, devalued real and fiscal uncertainties reduced the space for new cuts; market sees Selic at 13.75%, but does not rule out 0.25 point reduction The post Copom Should Pause Selic Courts after Lula Re-election and Pressure on the Dollar appeared first in Forbes Brazil.
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