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Showing 1 - 7 of 7 results for "SELIC rate"

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 9 JUN 2016
... they are twice the central bank's official inflation target of 4.5%. The Brazilian central bank has kept the target SELIC rate unchanged at 14.25% since July last year when it was lifted from 13.75%.

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 24 MAR 2016
... Central do Brazil could do was keep interest rates on hold because of high inflation. The central bank kept benchmark SELIC rate unchanged at an 8-year high of 14.25% in March after lifting it a total of 250 bps last year alone. While it slowed from ...

The real problem

BENJAMIN ONG  |  FRIDAY, 20 MAR 2015
... been on a steady decline since peaking at around 2.20 reals per US dollar despite the BCB raising its benchmark target SELIC rate five times since April. The central bank has steadily lifted interest rates since the SELIC rate bottomed at 7.25% in March ...

Real stagflation

BENJAMIN ONG  |  FRIDAY, 31 OCT 2014
... over the persistence of rising consumer prices is evident in its monetary policy action - it has jacked up its target SELIC rate nine times from 7.25% in April 2013 to 11.0% in April this year, where it remained... until yesterday, that is. For yesterday ...

Stagflation is real in Brazil

BENJAMIN ONG  |  WEDNESDAY, 27 AUG 2014
... over the persistence of rising consumer prices is evident in its monetary policy action - it has jacked up its target SELIC rate nine times from 7.25% in April 2013 to 11.0% in April this year (where it currently remains). With the inflation rate forecast ...

Brazilian CB might need to stop shaving

BENJAMIN ONG  |  THURSDAY, 28 FEB 2013
... Central do Brazil and President Dilma Rousseff's efforts to stimulate the economy. The Brazilian central bank reduced the SELIC rate from a two-year high of 12.5% in August 2011 to a 15-year low of 7.25% by October 2012 aimed at complementing the government's ...

More jobs, more jobless

BENJAMIN ONG  |  FRIDAY, 12 OCT 2012
... yesterday's interest rate reductions by the central banks of Brazil and South Korea. The Banco Central do Brazil cut the Selic rate by 25bps to 7.5% -- the lowest since December 1997 - and promised to keep policy settings stable for a "sufficiently prolonged ...
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