{"id":57236,"date":"2017-05-22T12:27:00","date_gmt":"2017-05-22T14:27:00","guid":{"rendered":"https:\/\/escaesco.com.br\/lab\/anba\/banks-revise-down-inflation-forecast-3\/"},"modified":"2019-06-30T12:47:18","modified_gmt":"2019-06-30T15:47:18","slug":"banks-revise-down-inflation-forecast-3","status":"publish","type":"post","link":"https:\/\/anba.com.br\/en\/banks-revise-down-inflation-forecast-3\/","title":{"rendered":"Banks revise down inflation forecast"},"content":{"rendered":"<p>Bras&iacute;lia &ndash; The financial market revised down its forecast for this year&rsquo;s inflation rate for the 11th consecutive time. The estimative for the Extended National Consumer Price Index (IPCA) went from 3.93% to 3.92%, according to the Focus Bulletin, a weekly survey conducted every week by the Brazilian Central Bank (BC).<\/p>\n<p>The forecast for this year&rsquo;s inflation rate stands below the center of the target of 4.5%. The target ranges from 3% to 6%. For 2018, the estimative declined from 4.36% to 4.34%, the second consecutive decline.<\/p>\n<p>The forecast made by financial institutions for the economy&rsquo;s growth stood at 0.50% this year and 2.50% in 2018. According to them, the Selic, the benchmark interest rates, will end 2017 and 2018 at 8.5% per year. <\/p>\n<p><strong>*Translated by S&eacute;rgio Kakitani<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The financial market brought down its estimative for Brazil\u2019s inflation for the 11th consecutive week. The forecast calls for an increase of 3.92% this year against the previous one that signaled 3.93%.<\/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-57236","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-economy"},"wps_subtitle":"The financial market brought down its estimative for Brazil\u2019s inflation for the 11th consecutive week. The forecast calls for an increase of 3.92% this year against the previous one that signaled 3.93%.","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/57236","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=57236"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/57236\/revisions"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=57236"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=57236"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=57236"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}