Tag Archives: BCB
Brazil: The BCB takes a stronger stand against inflation
During the night (CET), Banco Central do Brasil decided to keep the pace of monetary tightening, raising the so-called Selic rate by 50 bp to a 2-year high of 10.50%.
Brazil: The BCB to reduce the pace of tightening
We believe that Banco Central do Brazil (BCB) is now close to ending its tightening cycle and expect it to deliver one final hike of 25 bp, taking the benchmark policy rate to 10.25%.