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
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.
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