{"id":58645,"date":"2017-11-06T12:33:00","date_gmt":"2017-11-06T14:33:00","guid":{"rendered":"https:\/\/escaesco.com.br\/lab\/anba\/inflation-forecast-from-banks-flat\/"},"modified":"2019-06-30T12:44:27","modified_gmt":"2019-06-30T15:44:27","slug":"inflation-forecast-from-banks-flat","status":"publish","type":"post","link":"https:\/\/anba.com.br\/en\/inflation-forecast-from-banks-flat\/","title":{"rendered":"Inflation forecast from banks flat"},"content":{"rendered":"<p>Bras&iacute;lia &ndash; The results of a weekly Brazilian Central Bank poll of financial market players&rsquo; expectations regarding key economic indicators, remained the same this week as in the last one. The monetary authority&rsquo;s Focus Bulletin shows the Extended National Consumer Price Index (IPCA) is seen ending the year at 3.08%. <\/p>\n<p>The 2018 IPCA forecast has remained at 4.02% for four weeks now. Both the 2017 and 2018 expected inflation numbers are lower than 4.50%, the midpoint of the Central Bank&rsquo;s 3%-to-6% target range.<\/p>\n<p>The Bank&rsquo;s principal tool in chasing its target, the benchmark interest rate (known as the Selic rate) is now 7.5% per annum. The poll&rsquo;s respondents expect the Selic to end both 2017 and 2018 at 7% per annum. <\/p>\n<p>The Gross Domestic Product (GDP) is seen widening by 0.73% this year and by 2.5% in 2018. Both forecasts are the same as in last week&rsquo;s poll. <\/p>\n<p><strong>*Translated by Gabriel Pomerancblum<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Financial market players expect prices to have gone up 3.08% by the end of this year. They also see GDP climbing 0.73%.<\/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-58645","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-economy"},"wps_subtitle":"Financial market players expect prices to have gone up 3.08% by the end of this year. They also see GDP climbing 0.73%.","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/58645","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=58645"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/58645\/revisions"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=58645"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=58645"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=58645"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}