Pantheon Macroeconomics

Best viewed on a device with a bigger screen...

18th Mar 2022 00:20Latin America, Daily Monitor

  • COPOM raised the Selic rate to 11.75%, and hinted that the end of the tightening cycle is near.
  • It will hike the rate by another 100bp in May, but un- certainty is high, due mostly to the war in Ukraine.
  • Further tightening in H2 can't be discarded, but will dent the already fragile economic recovery.

brl commodity prices copom external conditions fiscal policy government inflation expectations inflation forecast inflation forecasts inflation report inflation risk January March May oil oil prices policy policymakers q1 retail sales selic rate usd

This publication is only available to Latin America Economic Research (Monitor) subscribers

Related Publications

Are you taking full advantage of our daily publications?

Pantheon Macroeconomics produce daily publications for U.S., Eurozone, Latin America, UK and Asia, as well as analysis on key data within a few minutes of their release.

U.S. Economic Research
Eurozone Economic Research
Latin America Economic Research
UK Economic Research
Asia Economic Research

Sign up for your complimentary trial

To start your complimentary trial, highlight the areas you are interested in subcribing to and click next.

United States


United Kingdom

China +

Emerging Asia

Latin America


Consistently Right
Access Key Enabled Navigation
Keywords for: The End of the COPOM's Tightening Cycle is Near, but Uncertainty is High

brl, commodity prices, copom, external conditions, fiscal policy, government, inflation expectations, inflation forecast, inflation forecasts, inflation report, inflation risk, January, March, May, oil, oil prices, policy, policymakers, q1, retail sales, selic rate, usd, Pantheon Macro, Pantheon Macroeconomics, independent macro research, independent research, ian shepherdson, economic intelligence