Published on Wednesday, July 20, 2016
LatAm Daily | Selic to remain unchanged in the first policy meeting under Ilan Goldfajn
Summary
In the first monetary policy meeting under the new BCB board, commanded by Ilan Goldfajn, who recently replaced Alexandre Tombini, we expect the Selic rate to be left unchanged at 14.25%, as in the previous meetings. Moreover, we see practically no room for the monetary authority to signal that an easing cycle will start soon.
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- Brazil
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- Macroeconomic Analysis
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Authors
LL
Lorena Lechuga
JS
Jorge Selaive
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