Brazil | The COPOM is still concerned about inflation
Published on Tuesday, July 26, 2016
Brazil | The COPOM is still concerned about inflation
Summary
The minutes of last week's monetary policy meeting show that the Monetary Policy Committee (COPOM) is concerned about the fact that both market inflation expectations and some of its own forecasts continue to show inflation above 4.5% at the end of 2017. Taking that into account, the monetary authority concluded that “…there is no room for the easing of monetary policy”.
Geographies
- Geography Tags
- Latin America
- Brazil
Topics
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- Macroeconomic Analysis
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Authors
Enestor Dos Santos
BBVA Research - Principal Economist
Documents and files
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