More Brazil Hikes Ahead: Analysts

More Brazil Hikes Ahead: Analysts

Brazil Economy & Policy

Analysts are eagerly awaiting the minutes from Wednesday’s Brazilian Central Bank meeting for more clues regarding how fast the benchmark rate will rise in the months ahead. The central bank raised the Selic rate to 9.5% from 9.0% Wednesday in a unanimous decision, citing inflation considerations. The policy statement released after this month’s decision matches several prior statements, Goldman Sachs says, suggesting hiking pace is likely to continue. “Repeating the last meeting’s communique wi

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