LatAm Daily | COPOM in Brazil leaves the Selic rate at 14.25% but alters its strategy
Published on Thursday, October 22, 2015
LatAm Daily | COPOM in Brazil leaves the Selic rate at 14.25% but alters its strategy
Summary
As we expected, the COPOM unanimously decided to keep the Selic rate unchanged at 14.25% for a sufficiently prolonged period to ensure that inflation converges to the target in the relevant horizon for monetary policy. October’s IPCA-15 was significantly higher than the previous reading. In Mexico, August retail sales increased above forecasts.
Geographies
- Geography Tags
- Latin America
- Mexico
- Brazil
Topics
- Topic Tags
- Macroeconomic Analysis
Authors
Marina Conesa
Enestor Dos Santos
BBVA Research - Principal Economist
Hugo Perea
BBVA Research - Chief Economist
Cecilia Posadas
BBVA Research - Principal Economist
Jorge Selaive
Carlos Serrano
BBVA Research - Chief Economist
Juana Téllez
BBVA Research - Chief Economist
Documents and files
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