Pantheon Macroeconomics - Brazil is now paying the price of President Rousseff's first term, which was characterized by unaffordable expansionary policies. As a result, inflation is now trending higher, forcing the BCB to tighten at a more aggressive pace than initially intended--or expected by investors--depressing business and investment confidence.

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4 Mar. 2015 Brazil's Central Bank Set to Respond As Inflation Fails to Slow

By Andres Abadia

Brazil is now paying the price of President Rousseff's first term, which was characterized by unaffordable expansionary policies. As a result, inflation is now trending higher, forcing the BCB to tighten at a more aggressive pace than initially intended--or expected by investors--depressing business and investment confidence.

Posted: 4th Mar 2015 in 'Latin America Documents'

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Keywords for: Latin America Documents | 4 Mar. 2015 Brazil's Central Bank Set to Respond As Inflation Fails to Slow

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