LatAm Daily | In Brazil, a new BCB governor was appointed by the new administration

Published on Wednesday, May 18, 2016

LatAm Daily | In Brazil, a new BCB governor was appointed by the new administration

Summary

Ilan Goldfajn was appointed to replace Alexandre Tombini as head of the monetary authority. We believe that under the new governor the BCB will strengthen its commitment to low inflation. In Chile, the CB kept MPR at 3.5%, as expected. The pace of adjustment will be data-dependent over inflation. We expect neutral bias for rates in the coming months.

Geographies

Topics

Authors

Enestor Dos Santos BBVA Research - Principal Economist
Lorena Lechuga
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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Report (EPUB)

67413_126396.epub

English - May 18, 2016

Report (PDF)

67413_126396.pdf

English - May 18, 2016

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