{"id":55186,"date":"2016-09-19T14:35:00","date_gmt":"2016-09-19T16:35:00","guid":{"rendered":"https:\/\/escaesco.com.br\/lab\/anba\/banks-revise-down-inflation-forecast\/"},"modified":"2019-06-30T12:51:12","modified_gmt":"2019-06-30T15:51:12","slug":"banks-revise-down-inflation-forecast","status":"publish","type":"post","link":"https:\/\/anba.com.br\/en\/banks-revise-down-inflation-forecast\/","title":{"rendered":"Banks revise down inflation forecast"},"content":{"rendered":"<p>Bras&iacute;lia &ndash; The Brazilian financial market has once again revised down its 2016 inflation forecast. Analysts expect the Extended Consumer Price Index (IPCA) to end the year at 7.34% &ndash; the previous estimate had been 7.36%. The forecast for 2017 was kept at 5.12%. The forecasts are from the Focus Bulletin made public this Monday (19) by the Brazilian Central Bank. <\/p>\n<p>The benchmark interest rate is seen at 13.75% at the end of 2016, and at 11% on the last day of 2017.<\/p>\n<p>The Gross Domestic Product (GDP) is now seen shrinking 3.16%, down from 3.18% as of the prior estimate, and growing 1.36% in 2017, up from 1.30% in the last poll. <\/p>\n<p>The US dollar is expected to amount to BRL 30.30 at the end of 2016, up from BRL 3.25. The 2017 forecast remains at BRL 3.45. <\/p>\n<p><strong>*Translated by Gabriel Pomerancblum<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Financial institutions polled by the Brazilian Central Bank estimate a 7.34% rate at the end of 2016. Last week\u2019s projection had been 7.36%.<\/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-55186","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-economy"},"wps_subtitle":"Financial institutions polled by the Brazilian Central Bank estimate a 7.34% rate at the end of 2016. Last week\u2019s projection had been 7.36%.","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/55186","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=55186"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/55186\/revisions"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=55186"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=55186"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=55186"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}