Brazil hikes the Selic rate by 50bp; BRL weakness, inflationary pressures and the political environment behind the decision
Published on Thursday, March 5, 2015
Brazil hikes the Selic rate by 50bp; BRL weakness, inflationary pressures and the political environment behind the decision
Summary
Also in Brazil industrial production grew more than expected in monthly terms, in our opinion a punctual correction following the declines registered in the previous months; in annual terms the downward trend continues and reflects the weakness of the sector.
Geographies
- Geography Tags
- Brazil
- Latin America
- Colombia
Topics
- Topic Tags
- Macroeconomic Analysis
Authors
Cecilia Posadas
BBVA Research - Principal Economist
Enestor Dos Santos
BBVA Research - Principal Economist
Jorge Redondo
Jorge Selaive
Juana Téllez
BBVA Research - Chief Economist
Carlos Serrano
BBVA Research - Chief Economist