{"id":56901,"date":"2017-04-10T14:06:00","date_gmt":"2017-04-10T16:06:00","guid":{"rendered":"https:\/\/escaesco.com.br\/lab\/anba\/banks-lower-their-growth-estimate-for-brazil\/"},"modified":"2019-06-30T12:47:49","modified_gmt":"2019-06-30T15:47:49","slug":"banks-lower-their-growth-estimate-for-brazil","status":"publish","type":"post","link":"https:\/\/anba.com.br\/en\/banks-lower-their-growth-estimate-for-brazil\/","title":{"rendered":"Banks lower their growth estimate for Brazil"},"content":{"rendered":"<p>Bras&iacute;lia &ndash; Financial institutions surveyed weekly by the Brazilian Central Bank (BC) lowered their forecasts for the Brazilian economy in 2017. Last week, banks believe the country&rsquo;s Gross Domestic Product (GDP) would grow 0.47%. This week, the estimate decreased to 0.41%. For next year, the forecast remains at a 2.5% growth.<\/p>\n<p>Banks also expect the Selic, the benchmark interest rates, to be cut 1 percentage point, going to 11.25% per year, at the meeting of the Monetary Policy Committee (COPOM) scheduled for this Tuesday (11) and Wednesday (12) in Bras&iacute;lia. The forecast for the Selic at the end of the year dropped from 8.75% to 8.50%. For the end of 2018, the forecast remains at 8.50% per year.<\/p>\n<p>The financial market&rsquo;s estimate for the inflation rate dropped for the fifth consecutive time. This time, the forecast for the Extended National Consumer Price Index (IPCA) was slightly adjusted from 4.10% to 4.09%. <\/p>\n<p><strong>*Translated by S&eacute;rgio Kakitani<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Financial institutions lowered their growth estimate for the Brazilian GDP for this year from 0.47% to 0.41%. The data is part of the weekly survey conducted by Brazil\u2019s Central Bank.<\/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-56901","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-economy"},"wps_subtitle":"Financial institutions lowered their growth estimate for the Brazilian GDP for this year from 0.47% to 0.41%. The data is part of the weekly survey conducted by Brazil\u2019s Central Bank.","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/56901","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=56901"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/56901\/revisions"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=56901"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=56901"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=56901"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}