Brazil Savings Rate Signal Further Selic Lows: Analysts
May 7, 2012
New Brazilian rules tying savings accounts to the Selic benchmark interest rate, rather than to a fixed rate, could open the door to Selic cuts beyond what was expected, analysts say. "The government would not buy the political cost of making this change if it wasn't to bring rates towards...
Already have an account?
Subscribe now for unlimited access to all current and archive news, data and market analysis.
Take a free two-week trial now for the latest news, data and market analysis.