{"id":49716,"date":"2014-12-08T13:33:00","date_gmt":"2014-12-08T15:33:00","guid":{"rendered":"https:\/\/escaesco.com.br\/lab\/anba\/banks-lower-their-gdp-forecast\/"},"modified":"2019-06-30T13:03:13","modified_gmt":"2019-06-30T16:03:13","slug":"banks-lower-their-gdp-forecast","status":"publish","type":"post","link":"https:\/\/anba.com.br\/en\/banks-lower-their-gdp-forecast\/","title":{"rendered":"Banks lower their GDP forecast"},"content":{"rendered":"<p>Bras&iacute;lia &ndash; Financial analysts consulted by the Central Bank (BC) lowered their growth forecast for the GDP (GDP, the total sum of a country&rsquo;s assets and wealth) from 0.19% to 0.18% in 2014. The information appeared on the Focus&rsquo;s report, a weekly poll done with more than 100 financial institutions, released on Monday (8). <\/p>\n<p>The 2015 forecast for the Selic, the benchmark short-term rate, went up. The estimation went from 12% to 12.5% a year. In the last meeting of the year, the Monetary Policy Committee (Copom) set the Selic at 11.75%, a raise of 0.5 percentage point.<\/p>\n<p>The market also raised the forecast for the year for the current account deficit, the indicator that gauges the imbalance in external accounts, from US$ 83 billion to US$ 84.23 billion. <\/p>\n<p>For the trade balance, analysts and investors kept the projection for zero balance for the year. Still holding is the expectation for the dollar at R$ 2.55. The estimated foreign direct investments (IED) should stay at US$ 60 billion. <\/p>\n<p><strong>*Translated by S&eacute;rgio Kakitani<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Analysts consulted by the Central Bank lowered from 0.19% to 0.18% their forecast for the Brazilian economy in 2014.<\/p>\n","protected":false},"author":2315,"featured_media":0,"comment_status":"closed","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":[],"class_list":{"0":"post-49716","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-economy"},"wps_subtitle":"Analysts consulted by the Central Bank lowered from 0.19% to 0.18% their forecast for the Brazilian economy in 2014.","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/49716","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=49716"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/49716\/revisions"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=49716"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=49716"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=49716"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}