Tag: Monetary Policy Committee (COPOM)

RIO DE JANEIRO, BRAZIL - Uruguayan analysts have again adjusted upward their inflation expectations for the end of the year. This is according to the latest inflation expectations survey published Tuesday by the Central Bank of Uruguay (BCU). The median...
RIO DE JANEIRO, BRAZIL - The 8th consecutive increase in the SELIC, in line with forecasts, comes as Latin America’s biggest economy struggles through a recession and persistently high inflation, according to the bank’s monetary policy committee (COPOM). COPOM, which...
RIO DE JANEIRO, BRAZIL - In an open letter sent Tuesday, January 11, to the Minister of Economy to justify the failure to meet the inflation target in 2021, Central Bank president Roberto Campos Neto said the institution has...
RIO DE JANEIRO, BRAZIL - Central Bank President Roberto Campos Neto on Thursday said in a press conference on the Quarterly Inflation Report (RTI) that the change in the Federal Reserve's monetary policy positioning will not greatly affect the...
RIO DE JANEIRO, BRAZIL - COPOM has decided to increase the SELIC rate by 1.5 percentage points, raising it from 7.75% to 9.25% per year. The measure is intended to control inflation, which in the past 12 months has...
RIO DE JANEIRO, BRAZIL - In a report released Tuesday, the private lender also increased its estimates for the rise in the IPCA (Extended National Consumer Price Index) this year and next, to 9.8% and 5.8%, respectively. Earlier projections,...
RIO DE JANEIRO, BRAZIL - Let there be no illusions. Brazil seems to be heading towards the worst of all worlds: stagflation. Not a popular term, it combines low economic growth and high inflation. Brazil is familiar with both. And,...
RIO DE JANEIRO, BRAZIL - This will be the 5th consecutive time this year that the monetary authority will raise the SELIC rate, now at 5.25% since the last meeting in August, when the bank raised interest rates by...
RIO DE JANEIRO, BRAZIL - The Central Bank has autonomy and will act independently with the tools at its disposal to control inflation, said on Wednesday (8) the institution's president Roberto Campos Neto. While attending an online event promoted by...

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