Brazil | Still no room for a monetary easing
Published on Thursday, June 16, 2016
Brazil | Still no room for a monetary easing
Summary
The minutes of last week's monetary policy meeting, the last before the replacement of Alexandre Tombini by Ilan Goldfajn as BCB governor, signaled that the conditions for the beginning a monetary easing cycle are still not given. In spite of the changes in its board, we expect the BCB to continue to hold this view. Therefore, we see unlikely a Selic cut in the short-term.
Geographies
- Geography Tags
- Latin America
- Brazil
Topics
- Topic Tags
- Macroeconomic Analysis
- Central Banks
Tags
Authors
Enestor Dos Santos
BBVA Research - Principal Economist
Documents and files
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