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Published on Friday, October 30, 2015

LatAm Daily | Interests rates likely to remain unchanged in Brazil for some time

Summary

COPOM’s strategy is to make inflation converge to the 4.5% target in 2017 rather than in 2016. Further fiscal slippage is a risk for COPOM’s plan to keep the Selic rate unchanged for some time. Regarding this issue, the public gross debt increased again and reached 66% of GDP in September.

Geographies

Topics

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

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Report (EPUB)

67413_99224.epub

English - October 30, 2015

Report (PDF)

67413_99224.pdf

English - October 30, 2015

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