In Brazil, the CB adjusts reserve requirements to inject liquidity into the economy
Published on Monday, July 28, 2014
In Brazil, the CB adjusts reserve requirements to inject liquidity into the economy
Summary
We would not be surprised if more macro-prudential measures are implemented to try to drive growth up, although we continue to see the Selic rate being maintained at 11.0% until the end of 2014. Also in Brazil, the current account deficit declined in June, but remained almost stable in annual terms.
Geographies
- Geography Tags
- Latin America
- Brazil
Topics
- Topic Tags
- Macroeconomic Analysis
Authors
BBVA Research
BBVA Research
Documents and files
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