Categories Finance

Brazil’s central bank has hiked its benchmark rate by 25bps to 10.75% – yes, hiked

Banco Central do Brasil Monetary Policy Committee (Copom) decision

25bp SELIC rate hikeas expectedBCB says the pace of future adjustments and overall adjustment magnitude will be guided by its commitment to reach the inflation rate targetsays the balance of risk for inflation is titled to the upside

more to come

This article was written by Eamonn Sheridan at www.forexlive.com.

About The Author

More From Author

Leave a Reply

Your email address will not be published. Required fields are marked *