Published on Wednesday, November 30, 2011
Brazil Flash: ”CB cuts the SELIC rate by 50bps to 11.0%”
Summary
In the last meeting of the year, the CB’s Monetary Policy Committee decided to reduce the benchmark interest rate by 50bps by the third time in a row. We expect at least two more 50bps cuts at the beginning of 2012.
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- Brazil
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- Macroeconomic Analysis
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BR
BBVA Research
BBVA Research
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