Wed Feb 2, 2011 17:08 GMT |
The decision by the Banco Central do Brasil (BCB) to hike the benchmark Selic rate by 50 basis points (bps) to 11.25% at its January meeting alters my 2011 interest rate forecasts but does not shift my outlook for monetary policy, namely that Brazil’s monetary authorities will continue to view rate hikes as something of… [Read more]
Tags: BCB, Brazil, BRL, COPOM, currency appreciation, DI futures, FX, interest rate futures, interest rates, monetary policy, real, Selic
Posted in: Brazil, Currencies, Latin America, Political Risk
Thu Mar 11, 2010 16:59 GMT |
Brazil’s Q409 real GDP reading came in roughly in line with market expectations, posting a growth rate of 2.0% quarter-on-quarter (q-o-q) seasonally adjusted – its highest reading in two years. Expectations of a robust headline number for Q4 have previously sent the interbank deposit (DI) futures market higher, amid expectations that the Banco Central do… [Read more]
Tags: BCB, Brazil, COPOM, DI, economic growth, GDP, inflation, interest rates, monetary policy, monetary tightening, Rate Hike, Selic Rate
Posted in: General, Inflation/Deflation, Latin America