Tag: Selic

RIO DE JANEIRO, BRAZIL - Itau Unibanco has maintained its projections for the exchange rate at the end of 2021 and 2022, with fiscal and pandemic-related risks offset by higher interest rates and commodity prices, but now sees higher...
RIO DE JANEIRO, BRAZIL - J.P. Morgan revised downward its projections for the growth of the Brazilian Gross Domestic Product (GDP) from 3.2% to 2.9% in 2021 and from 2.4% to 2.2% in 2022. According to the bank's team,...
RIO DE JANEIRO, BRAZIL - Credit conditions in Brazil improved in February, Central Bank figures showed on Monday, March 29, as a broad measure of consumer and business default ratios held steady at a decade-low, bank lending spreads narrowed,...
RIO DE JANEIRO, BRAZIL - The increase in the basic interest rate (SELIC) and the possible worsening of economic indicators, with new rounds of isolation measures due to the worsening of the Covid-19 pandemic, should make the credit market...
RIO DE JANEIRO, BRAZIL - Brazil’s economy ministry raised its inflation outlook for this year to 4.4% on Wednesday, March 17th,  the same day the Central Bank is widely expected to raise the benchmark SELIC interest rate, for the...
RIO DE JANEIRO, BRAZIL - Company insolvency could skyrocket 47% in Brazil this year, due to the withdrawal of government support measures amid the devastating effects of the health crisis on several sectors. Insolvency in Brazilian export destinations may also...
RIO DE JANEIRO, BRAZIL - Brazilian financial and market analysts upgraded their economic growth forecast for 2021, from 3.41% to 3.45%, and maintained the projection at 2.5% for 2022, the Central Bank of Brazil announced Monday, January 18th. According to...
RIO DE JANEIRO, BRAZIL - (Reuters) The outlook for Brazilian interest rates over the next two years rose to their highest in several months, a central bank survey of economists showed on Monday, even as exchange rate and inflation...
RIO DE JANEIRO, BRAZIL - Booming commodities, rock-bottom valuations and a hawkish turn at central bank are all poised to support the Brazilian real. But it’s politicians who hold the key to turning that into a long-term rally. “Rates moving...



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