Brazil central bank leaves benchmark rate at 6.50%; forecasts of 5.50% by December

Thursday, June 20th 2019 - 08:50 UTC

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Brazil’s central bank held its benchmark interest rate at a record-low 6.50% on Wednesday, as expected, holding back from signalling looser policy because of doubts on economic reforms. The scenario outlined by policymakers was one of anaemic economic growth and high levels of economic slack putting downward pressure on inflation at home, plus the prospect of interest rates coming down in major developed economies. Read full article

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:o))
REF: “forecasts of 5.50% by December”:

Positive Signs of prosparity at last:
https://www.otempo.com.br/image/contentid/policy:1.2193720:1560037384/CHARGE%20O%20TEMPO.JPG?f=3x2&q=0.6&w=620&$p$f$q$w=904c3fd
Jun 20th, 2019 - 11:30 am - Link - Report abuse 0
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