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Published on Wednesday, June 29, 2016

LatAm Daily | The new BCB board adopts a hawkish tone

Summary

The first report released by the BCB since Ilan Goldfajn replaced Alexandre Tombini as governor of the institution suggested that the monetary institution has no intention of cutting the Selic rate before convergence of inflation to 4.5% in 2017 is assured. This is in line with our view that the Selic rate will remain unchanged during 2H16.

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_134696.epub

English - June 29, 2016

Report (PDF)

67413_134696.pdf

English - June 29, 2016

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