LatAm Daily | The “new” Copom in Brazil leaves the Selic rate unchanged at 14.25%
Published on Thursday, July 21, 2016
LatAm Daily | The “new” Copom in Brazil leaves the Selic rate unchanged at 14.25%
Summary
In the first meeting under the presidency of Ilan Goldfajn, the BCB decided to leave the Selic rate stable. Moreover, in a more detailed accompanying statement, the monetary authority affirmed that “...there is no room for the easing of monetary policy”, supporting our view that the interest rate will remain unchanged for some further time.
Geographies
- Geography Tags
- Latin America
- Brazil
Topics
- Topic Tags
- Macroeconomic Analysis
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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