FOREX TradingCharts.com

Financial News: BRAZIL: Interest Rate Forecast For 2018 Cut To

BRAZIL: Interest Rate Forecast For 2018 Cut To 6.75% Per Year From 7%

12/26/2017 - 17:19:00 (RTTNews)

(RTTNews) - Economists polled by the Brazilian central bank cut their estimates for the country's benchmark interest rate (Selic) by the end of 2018 to 6.75% after thirteen weeks stable at 7%. The forecast for the average rate in 2018 was kept at 6.75% from 6.81% four weeks ago.

Earlier this month, the Brazilian central bank's Monetary Policy Committee (Copom) cut the country's benchmark interest rate to 7.00% - a record low - from 7.50%, in line with market expectations.

Last week, the Brazilian Central Bank confirmed in its Quarterly Inflation Report the market expectation, as indicated in the last minutes of the Monetary Policy Committee (Copom) released this month, that the Selic interest rate should fall once again at the next meeting, scheduled to February, to 6.75% per year.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2017 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


Hong Kong Jobless Rate Falls Unexpectedly (14 min(s), 02 sec(s) ago)
(RTTNews) - Hong Kong's unemployment decreased unexpectedly in the three months ended December ...Full Story»

China's Q4 GDP Growth Steady At 6.8% (02 hr(s), 22 min(s), 02 sec(s) ago)
(RTTNews) - China's economy expanded at a steady pace at the end of 2017, data from the Nation ...Full Story»

Dutch Export Growth At 5-Month High (03 hr(s), 24 min(s), 02 sec(s) ago)
(RTTNews) - Dutch export growth accelerated in November to the highest level in five months, figur ...Full Story»

Dutch Jobless Rate Remains Stable In December (03 hr(s), 53 min(s), 02 sec(s) ago)
(RTTNews) - Dutch unemployment rate remained stable in December, after falling in the previous two ...Full Story»

New Zealand House Prices Rise, Sales Fall In December (04 hr(s), 08 min(s), 02 sec(s) ago)
(RTTNews) - New Zealand's house prices increased in December from a year ago, while the volume ...Full Story»

China's Home Prices Increase In Most Cities (04 hr(s), 10 min(s), 02 sec(s) ago)
(RTTNews) - House prices in majority of the Chinese cities increased in December, the National Bur ...Full Story»

Japan Nov Industrial Production Rises Less Than Estimated (53 min(s), 58 sec(s) ago)
(RTTNews) - Japan's industrial production increased less than initially estimated in November, ...Full Story»

Australia's Inflation Expectations Unchanged In January (10 min(s), 58 sec(s) ago)
(RTTNews) - Australia's inflationary expectations remained unchanged in January, survey data f ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

Hong Kong Jobless Rate Falls Unexpectedly

01/18/2018 - 04:45 AM (RTTNews)
(RTTNews) - Hong Kong's unemployment decreased unexpectedly in the three months ended December ...Full Story>>

China's Q4 GDP Growth Steady At 6.8%

01/18/2018 - 02:37 AM (RTTNews)
(RTTNews) - China's economy expanded at a steady pace at the end of 2017, data from the Nation ...Full Story>>

Dutch Export Growth At 5-Month High

01/18/2018 - 01:35 AM (RTTNews)
(RTTNews) - Dutch export growth accelerated in November to the highest level in five months, figur ...Full Story>>

Dutch Jobless Rate Remains Stable In December

01/18/2018 - 01:06 AM (RTTNews)
(RTTNews) - Dutch unemployment rate remained stable in December, after falling in the previous two ...Full Story>>

New Zealand House Prices Rise, Sales Fall In December

01/18/2018 - 00:51 AM (RTTNews)
(RTTNews) - New Zealand's house prices increased in December from a year ago, while the volume ...Full Story>>

Binary Options Articles Courtesy of NADEX

These pages, and all content ©TradingCharts.com Inc and other copyright holders. Permission is not granted to redistribute charts, data, news or other information found on this site, in any manner. Although it is believed that information provided is accurate, TradingCharts will not accept liability for any loss or damage that may arise from use of the content, inability to access the website, or delay or failure of receive of any information provided through this site.