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Tag: Selic

By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Financial institutions in Brazil reduced on Monday the country’s economic growth forecast for the eighth consecutive time this year, showed the Central Bank’s weekly Focus Survey. The estimate for this...
By Lise Alves, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – Financial institutions consulted by Brazil’s Central Bank (BC) have once again reduced the estimate for inflation this year from 3.89 percent to 3.71 percent. The forecasts are in line...
By Nelson Belen, Contributing Reporter RIO DE JANEIRO, BRAZIL - In its last meeting before the highly anticipated October general election, Brazilian Central Bank’s Monetary Policy Committee (Copom) announced on Wednesday (September 19th) it had decided to maintain its key...
By Lise Alves, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – Financial institutions in Brazil have increased their forecast for the country’s inflation (IPCA) this year, from 4.11 percent to 4.15 percent, according to the latest Focus Bulletin, released by...
By Lise Alves, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – Overcoming the negative effects caused by the eleven-day truckers strike in May, Brazil’s industrial production registered a growth of 13.1 percent in June according to data from the Monthly...
By Lise Alves, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – Despite the continuing low inflation rate, the recent strong devaluation of the Brazilian currency and decreasing economic activity, Brazil’s Monetary Policy Committee (COPOM) surprised the market and announced on...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Brazil’s Central Bank (BC) announced on Wednesday it was lowering the country’s benchmark interest rate (Selic) for the eleventh consecutive time, by 0.25 percentage point, from 7 percent to 6.75...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Brazil’s Central Bank (BC) lowered the country’s benchmark interest rate (SELIC) on Wednesday by 0.5 percentage points, to seven percent per year, the lowest level since 1986. This is the...
By Nelson Belen, Contributing Reporter SÃO PAULO, BRAZIL - Positive signs are being shown in São Paulo's residential real estate market according to just-released data from the São Paulo Housing Association (Secovi-SP). From January to September period, a report...

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