Pantheon Macroeconomics - The Brazilian central bank left its benchmark Selic interest rate on hold at 6.5% on Wednesday night and confirmed our view that policymakers will stand pat for the foreseeable future, provided the BRL remains stable and Mr. Bolsonaro is able to push forward his reform agenda.

Latin America | 14 December 2018 Brazil's Central Bank Points to Rates on Hold for the Foreseeable Future
The Brazilian central bank left its benchmark Selic interest rate on hold at 6.5% on Wednesday night and confirmed our view that policymakers will stand pat for the foreseeable future, provided the BRL remains stable and Mr. Bolsonaro is able to push forward his reform agenda.

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14 December 2018 Brazil's Central Bank Points to Rates on Hold for the Foreseeable Future

By Andres Abadia

The Brazilian central bank left its benchmark Selic interest rate on hold at 6.5% on Wednesday night and confirmed our view that policymakers will stand pat for the foreseeable future, provided the BRL remains stable and Mr. Bolsonaro is able to push forward his reform agenda.

Posted: 14th Dec 2018 in 'Latin America'

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