Brazil maintains rates

Brazil maintains rates

Economy & Policy Regulation Politics Debt Loans Capital Markets Fixed Income Bonds Brazil

Brazil's central bank has kept its benchmark lending rate at 6.5%, saying that inflation rates are "running at appropriate or comfortable levels." The bank's monetary policy committee, called the Copom, put its inflation projections at 3.9% for 2019 and 3.8% for 2020. It also said it expects the Selic, as the benchmark rate is known, to end the year at 6.5% before rising to 8% next year. Outside Brazil, the economic outlook remains "challenging," as expectations for higher interest rates in ot

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