{"id":203814,"date":"2018-11-06T09:43:35","date_gmt":"2018-11-06T12:43:35","guid":{"rendered":"https:\/\/anba.com.br\/?p=203814"},"modified":"2019-06-30T12:39:54","modified_gmt":"2019-06-30T15:39:54","slug":"economic-uncertainty-waned-central-bank","status":"publish","type":"post","link":"https:\/\/anba.com.br\/en\/economic-uncertainty-waned-central-bank\/","title":{"rendered":"Economic uncertainty waned: Central Bank"},"content":{"rendered":"<p>Bras\u00edlia \u2013 In the wake of the elections, the Brazilian Central Bank said uncertainty regarding the economy has waned, with the prices of assets such as the US dollar going down. The information was made available in the minutes of the Central Bank\u2019s Monetary Policy Committee (Copom)\u2019s latest meeting, released this Tuesday (6) in Bras\u00edlia. Last week, the Copom decided to keep the benchmark interest rate, known as Selic, at 6.5% per annum.<\/p>\n<p>\u201cThe lessening of uncertainty helped reduce the degree of asymmetry in inflation risk assessments. This improvement notwithstanding, Copom members concluded that risks of a hike in inflation remain relevant in its risk assessment,\u201d the minutes read.<\/p>\n<p>As per the Copom\u2019s risk assessment, high rates of idle capacity in the economy could curb inflation. Conversely, \u201cfailure to meet expectations regarding the continuation of reforms and necessary adjustments to Brazil\u2019s economy\u201d could lead to a spike in inflation. \u201cThis risk goes up in the event of a deterioration of the external scenario for emerging economies [such as Brazil],\u201d the Committee said.<\/p>\n<p><strong>Translated by Gabriel Pomerancblum<\/strong><\/p>\n<div class=\"credits-overlay\" data-target=\".wp-image-195073\">Ag\u00eancia Brasil<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The information was made public this Tuesday (6) by the monetary authority as part of the minutes of its Monetary Policy Committee (Copom)\u2019s latest meeting.<\/p>\n","protected":false},"author":2315,"featured_media":195073,"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":[1803,2822,5831,3055,4203],"class_list":{"0":"post-203814","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-central-bank","9":"tag-copom","10":"tag-economic-uncertainty","11":"tag-inflation","12":"tag-monetary-policy-committee"},"wps_subtitle":"The information was made public this Tuesday (6) by the monetary authority as part of the minutes of its Monetary Policy Committee (Copom)\u2019s latest meeting.","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/203814","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=203814"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/203814\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media\/195073"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=203814"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=203814"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=203814"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}