Brazil | No changes in sight for interest rates
Published on Thursday, March 3, 2016
Brazil | No changes in sight for interest rates
Summary
The Monetary Policy Committee (Copom) decided to leave the Selic rate at 14.25%. The fact that two members of the Committee favored a 50bp hike and the lack of changes in the communique suggest that an eventual easing of monetary conditions is not imminent.
Geographies
- Geography Tags
- Latin America
- Brazil
Topics
- Topic Tags
- Macroeconomic Analysis
Authors
Enestor Dos Santos
BBVA Research - Principal Economist