Brazil Economists See More Conservative Central Bank in 2016By
Selic forecast to drop only 50 basis points this year
Three months ago, expectations were for a 200 basis-point cut
Brazil economists forecast the central bank will cut rates less aggressively this year as the bank’s board tries to rein in inflation that remains stubbornly above target.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.