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

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Post author By admin_biglotfx
September 18, 2024
No Comments on Brazil’s central bank has hiked its benchmark rate by 25bps to 10.75% – yes, hiked | Forexlive

Banco Central do Brasil Monetary Policy Committee (Copom) decision

25bp SELIC rate hike
as expected
BCB says the pace of future adjustments and overall adjustment magnitude will be guided by its commitment to reach the inflation rate target
says 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.

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