Pantheon Macroeconomics - While we were out, monetary policy in Latin America was unchanged, except in Brazil, where the Monetary Policy Committee--Copom--this week raised the Selic rate by 50bp to 13.25%, in line with expectations. Looking ahead, we now expect no changes in policy in Brazil or elsewhere over the next few months, or at least until the Fed starts hiking rates.

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01 May. 2015 Brazil's two-year tightening cycle is over, at least for now

By Andres Abadia

While we were out, monetary policy in Latin America was unchanged, except in Brazil, where the Monetary Policy Committee--Copom--this week raised the Selic rate by 50bp to 13.25%, in line with expectations. Looking ahead, we now expect no changes in policy in Brazil or elsewhere over the next few months, or at least until the Fed starts hiking rates.

Posted: 1st May 2015 in 'Latin America Documents'

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Keywords for: Latin America Documents | 01 May. 2015 Brazil's two-year tightening cycle is over, at least for now

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