28 Sept 2020 COPOM's Minutes and the Inflation Report Point to Rates on Hold

Andres Abadia (Senior International Economist)27th Sep 2020 20:20Latin America, Economic Monitor

Recent economic data in Brazil, along with recent messages from the BCB, have supported our view that interest rates will remain on hold for the foreseeable future.

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August bcb brazil brl BRL sell-off copom core inflation current account deficit domestic demand easing economic activity economy em exports external accounts fed food food prices forecasts funds fx gasoline growth headline inflation households imports income index inflation inflation expectations inflation forecasts inflation report inflation target interest rates ipca ipca-15 labour latam monetary monetary policy policy profits q1 q4 rate cut rate cuts recession remain September supply trade trade balance transportation u.s. weather

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