{"id":203147,"date":"2018-10-22T17:40:19","date_gmt":"2018-10-22T20:40:19","guid":{"rendered":"https:\/\/anba.com.br\/?p=203147"},"modified":"2018-10-22T18:13:18","modified_gmt":"2018-10-22T21:13:18","slug":"banks-see-inflation-rate-at-4-4","status":"publish","type":"post","link":"https:\/\/anba.com.br\/en\/banks-see-inflation-rate-at-4-4\/","title":{"rendered":"Banks see inflation rate at 4.4%"},"content":{"rendered":"<p>Bras\u00edlia \u2013 Financial institutions polled by the Brazilian Central Bank (BC) expect the official inflation rate, as measured by the Extended National Consumer Price Index (IPCA), to reach 4.44% at the end of the year. Last week, their forecast pointed to a 4,43% inflation rate. It was the sixth straight time they have revised up their inflation forecast.<\/p>\n<p>For 2019, the inflation forecast was also revised up, from 4.21% to 4.22%. For 2020, it remains at 4% and, for 2021, it was revised down from 3.92% to 3.78%.<\/p>\n<p>According to the financial market, the benchmark interest rates, the SELIC, should remain at 6.5% at the end of 2018. For 2019, the market expects it to go up, ending the year at 8% per year. For 2020, the forecast remains at 8.25% per year, going down to 8% at the end of 2021.<\/p>\n<p>Financial institutions kept their forecast for the growth of the Gross Domestic Product (GDP) in 1.34% this year, and revised down their estimate for 2019, from 2.50% to 2.49%. For 2020 and 2021, banks kept their estimate of 2.50%.<\/p>\n<p><strong>Translated by S\u00e9rgio Kakitani <\/strong><\/p>\n<div class=\"credits-overlay\" data-target=\".wp-image-203131\">Marcos Santos\/USP Imagens<\/div>\n","protected":false},"excerpt":{"rendered":"<p>That\u2019s 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\u2019s the sixth straight time that banks revise up their forecast.<\/p>\n","protected":false},"author":2315,"featured_media":203131,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[91],"tags":[5669,2566,553,31606,3055,1847,3916,2824],"class_list":{"0":"post-203147","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-benchmark-interest-rates","9":"tag-focus-bulletin","10":"tag-gdp","11":"tag-inflacao-en","12":"tag-inflation","13":"tag-ipca","14":"tag-prices","15":"tag-selic"},"wps_subtitle":"That\u2019s 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\u2019s the sixth straight time that banks revise up their forecast.","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/203147","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/users\/2315"}],"replies":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/comments?post=203147"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/203147\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media\/203131"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=203147"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=203147"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=203147"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}