Copom reduces Selic to 14%, but alerts to high prices
Central Bank dictates falling interest in the country, but requires caution with inflation and future estimates BC Directors alert to the lack of control of estimates
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Summary
The analyst estimates, however, the chance of the rate falling back to 13.75% in the next decision if the price data helps. The decision was unanimous among the seven directors of Copom, headed by President Gabriel Galípolo. This shows not only that recent indicators were better, but also reminds us that high frequency indicators are volatile — so we should relativize short-term ‘truths’,” he added.
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The analyst estimates, however, the chance of the rate falling back to 13.75% in the next decision if the price data helps.
according to Poder360The decision was unanimous among the seven directors of Copom, headed by President Gabriel Galípolo.
according to VejaThis shows not only that recent indicators were better, but also reminds us that high frequency indicators are volatile — so we should relativize short-term ‘truths’,” he added.
according to Veja
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