Brazil poised to hike rates: analysts

Brazil poised to hike rates: analysts

Brazil Economy & Policy Corporate & Sovereign Strategy

Brazilian authorities are likely to tighten monetary policy faster than expected to combat resurgent inflation, experts at LatinFinance’s Brazil Issuers and Investor Forum said Tuesday, on the eve of a central bank interest rate decision. A consensus emerged among bankers and investors surveyed by LatinFinance at the Sao Paulo event that the central bank’s monetary policy committee will hike rates by at least 25 basis points to 7.5% when it meets on Wednesday. “We have passed the point of n

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