LatAm Daily | Nelson Barbosa to replace Joaquim Levy as Brazil’s Finance Minister
Published on Monday, December 21, 2015 | Updated on Wednesday, January 13, 2016
LatAm Daily | Nelson Barbosa to replace Joaquim Levy as Brazil’s Finance Minister
Summary
The change in the Finance Ministry will probably imply a more gradual, flexible implementation of the fiscal adjustment. Aligned with that was the reduction of the 2016 fiscal target at the end of last week. Also, inflation at the beginning of the month surprised to the upside and October’s activity to the downside. In Colombia, BanRep raised its MPR by 25bp as expected.
Geographies
- Geography Tags
- Latin America
- Colombia
- 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