Published on Thursday, November 26, 2015
LatAm Daily | Brazil’s COPOM considered a rate hike, but finally maintained the Selic rate
Summary
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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- Latin America
- Brazil
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- Macroeconomic Analysis
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Authors
MC
Marina Conesa
ED
Enestor Dos Santos
BBVA Research - Principal Economist
HP
Hugo Perea
BBVA Research - Chief Economist
CP
Cecilia Posadas
BBVA Research - Principal Economist
JS
Jorge Selaive
CS
Carlos Serrano
BBVA Research - Chief Economist
JT
Juana Téllez
BBVA Research - Chief Economist