LatAm Daily | COPOM employs a more hawkish tone in view of the fiscal situation in Brazil

Summary

COPOM suggested that it will increase interest rates if the fiscal situation worsens further. Although this is not unlikely, especially considering that impeachment proceedings against President Rousseff were launched, we continue to expect the Selic to remain stable for some time.Today, exports and inflation will be released in Colombia, and confidence index in Mexico.

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