LatAm Daily | Brazil’s COPOM considered a rate hike, but finally maintained the Selic rate
Published on Thursday, November 26, 2015
LatAm Daily | Brazil’s COPOM considered a rate hike, but finally maintained the Selic rate
Summary
Yesterday’s communique suggested that the monetary authority will consider hiking the Selic rate again at its next monetary meeting in January, an alternative which is reinforced by abnormally high inflation and the turbulence related to political tensions and fiscal deterioration.
Geographies
- Geography Tags
- Latin America
- Brazil
Topics
- Topic Tags
- Macroeconomic Analysis
Authors
Marina Conesa
Enestor Dos Santos
BBVA Research - Principal Economist
Hugo Perea
BBVA Research - Chief Economist
Cecilia Posadas
BBVA Research - Principal Economist
Jorge Selaive
Carlos Serrano
BBVA Research - Chief Economist
Juana Téllez
BBVA Research - Chief Economist