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RSS Feeds205th Meeting of the Monetary Policy Committee (`Copom`) of the Central Bank of Brazil Press Release* (Banco Central do Brasil)
(World News Brazil)

 
 

22 february 2017 23:20:01

 
205th Meeting of the Monetary Policy Committee (`Copom`) of the Central Bank of Brazil Press Release* (Banco Central do Brasil)
(World News Brazil)
 


(Source: Banco Central do Brasil) The Copom unanimously decided to reduce the Selic rate to 12.25 percent per year, without bias. The following observations provide an update of the Copom`s baseline scenario: The set of indicators of economic activity released since the last Copom meeting shows some mixed signals, which are, however, consistent with stabilization of the economy in the short run. Available evidence suggests a gradual recovery of economic activity during the course of 2017; The global outlook remains quite uncertain. Nevertheless, stronger global economic activity and its positive impact on...


 
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