Published on Wednesday, July 20, 2016
LatAm Daily | Selic to remain unchanged in the first policy meeting under Ilan Goldfajn
Summary
In the first monetary policy meeting under the new BCB board, commanded by Ilan Goldfajn, who recently replaced Alexandre Tombini, we expect the Selic rate to be left unchanged at 14.25%, as in the previous meetings. Moreover, we see practically no room for the monetary authority to signal that an easing cycle will start soon.
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Authors
ED
Enestor Dos Santos
BBVA Research - Principal Economist
LL
Lorena Lechuga
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