Brazil expected to cut rates to new record low
Below-target inflation gives central bank space to boost weak growth, analysts say
The Central Bank of Brazil is expected to further reduce interest rates today (September 18) to a new record low and continue the easing cycle before the end of the year.
Below-target inflation is giving the monetary policy committee the space to attempt boosting weak economic growth in Brazil, analysts tell Central Banking. The consensus points to a 50 basis point rate cut to 5.5%, likely to be followed by another reduction bring rates to 5% before the end of 2019.
“We expect the monetary
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe
You are currently unable to print this content. Please contact info@centralbanking.com to find out more.
You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@centralbanking.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@centralbanking.com