The financial market forecasts a 4.40% inflation rate for Brazil this year. Last week, the forecast was 4.43%.
Browsing: benchmark interest rates
Weekly survey by the Brazilian Central Bank (BC) shows that financial institutions expect the Monetary Policy Committee (COPOM) to maintain at 6.5% the interest rates in this week’s meeting.
That’s the forecast made by financial institutions in Brazil for the Extended National Consumer Price Index (IPCA) in 2018. Last week, their estimate stood at 4.43%. It’s the sixth straight time that banks revise up their forecast.
