Aggressive Rate Cut of Brazil Giving Positive Outlook to the Economy | Economic News ForexMart
 

Analyses et prévisions de marché

Recevez les dernières nouvelles économiques de ForexMart, y compris les mises à jour des marchés financiers, les actions de la Banque centrale, les performances financières et d'autres nouvelles pertinentes qui pourraient avoir un impact sur l'industrie.

Déni de responsabilité:  ForexMart ne donne pas de conseils d'investissement. Les analyses fournies ne peuvent pas être interprétées comme une promesse de résultats futurs.

Aggressive Rate Cut of Brazil Giving Positive Outlook to the Economy


Janvier, 12 2017
watermark Economic news

The Central Bank of Brazil reduced its Selic rate benchmark abruptly in their attempt to boost the weak economy of the country as a result of the unanimous vote on Wednesday. It lowered by three-quarters of a point to thirteen percent instead of the forecasted four points. This has been the lowest rate cut since October last year.

According to the central bank, the inflation aligns with the target although the economic growth is still poor. Even though inflation has a slower pace of growth for more than two years, there is still a pile of debt and wavering confidence from businesses and consumers as consumer prices increase more that hamper progress in the economy.

Laissez un commentaire

ForexMart is authorized and regulated in various jurisdictions.

(Reg No.23071, IBC 2015) with a registered office at Shamrock Lodge, Murray Road, Kingstown, Saint Vincent and the Grenadines

Restricted Regions: the United States of America, North Korea, Sudan, Syria and some other regions.


© 2015-2024 Tradomart SV Ltd.
Top Top
Risk Warning:
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.