Pantheon Macroeconomics - The BCB's Copom kept Brazil's Selic rate at 14.25% this week, as expected. The brief accompanying communiqué was very similar to the January statement, saying that after assessing the outlook for growth and inflation, and "the current balance of risks, considering domestic and, mainly, external uncertainties", the Copom decided to keep the Selic rate at a nine-year high, without bias.

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04 Mar. 2016 Brazil's Economy Collapsed in 2015 - No Sign of Quick Recovery

By Andres Abadia

The BCB's Copom kept Brazil's Selic rate at 14.25% this week, as expected. The brief accompanying communiqué was very similar to the January statement, saying that after assessing the outlook for growth and inflation, and "the current balance of risks, considering domestic and, mainly, external uncertainties", the Copom decided to keep the Selic rate at a nine-year high, without bias.

Posted: 4th Mar 2016 in 'Latin America Documents'

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Keywords for: Latin America Documents | 04 Mar. 2016 Brazil's Economy Collapsed in 2015 - No Sign of Quick Recovery

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