FOREX TradingCharts.com

Financial News: BRAZIL: Interest Rate Forecast For 2018 Kept Unchanged

BRAZIL: Interest Rate Forecast For 2018 Kept Unchanged At 6.50% Per Year

03/26/2018 - 13:09:00 (RTTNews)

(RTTNews) - Economists polled by the Brazilian central bank kept their estimates for the country's benchmark interest rate (Selic) unchanged at 6.50% at the end of 2018. The forecast for the average rate in 2018 was also kept unchanged, at 6.53%.

For 2019, estimates remained at 8.00% for the tenth week, while the forecast for the average rate next year decreased to 7.50%, from 7.68% a week before.

Last week, the Brazilian central bank's Monetary Policy Committee (Copom) cut the country's benchmark interest rate to 6.50% - a record low - from 6.75%, in line with market expectations.

The Brazilian Central Bank also indicated that weak inflation might warrant a new decrease in its next meeting, scheduled for May.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2018 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


Draghi Says Growth Moderation Is Broad-based, Warns Against Protectionism (03 hr(s), 51 min(s), 13 sec(s) ago)
(RTTNews) - Eurozone growth momentum has softened since the start of the year, but is expected to ...Full Story»

U.S. Durable Goods Orders Jump 2.6% On Continued Spike In Aircraft Demand (05 hr(s), 47 min(s), 13 sec(s) ago)
(RTTNews) - Reflecting another jump in orders for transportation equipment, the Commerce Departmen ...Full Story»

U.S. Weekly Jobless Claims Drop To Lowest Level Since 1969 (05 hr(s), 56 min(s), 13 sec(s) ago)
(RTTNews) - First-time claims for U.S. unemployment benefits fell to their lowest level in nearly ...Full Story»

U.S. Durable Goods Orders Jump More Than Expected In March (06 hr(s), 23 min(s), 13 sec(s) ago)
(RTTNews) - Reflecting another jump in orders for transportation equipment, the Commerce Departmen ...Full Story»

U.S. Weekly Jobless Claims Drop More Than Expected (06 hr(s), 30 min(s), 13 sec(s) ago)
(RTTNews) - First-time claims for U.S. unemployment benefits fell to their lowest level in nearly ...Full Story»

ECB Leaves QE, Forward Guidance Unchanged (06 hr(s), 34 min(s), 13 sec(s) ago)
(RTTNews) - The European Central Bank left its key interest rates, asset purchases and forward gui ...Full Story»

South Africa PPI Inflation Slows To 8-Month Low (06 hr(s), 34 min(s), 13 sec(s) ago)
(RTTNews) - South Africa's producer price inflation eased further in march to the lowest level ...Full Story»

Sweden Economic Confidence Recovers In April (06 hr(s), 46 min(s), 13 sec(s) ago)
(RTTNews) - Sweden's economic sentiment rose in April after falling for four straight months, ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

Draghi Says Growth Moderation Is Broad-based, Warns Against Protectionism

04/26/2018 - 11:17 AM (RTTNews)
(RTTNews) - Eurozone growth momentum has softened since the start of the year, but is expected to ...Full Story>>

U.S. Durable Goods Orders Jump 2.6% On Continued Spike In Aircraft Demand

04/26/2018 - 09:21 AM (RTTNews)
(RTTNews) - Reflecting another jump in orders for transportation equipment, the Commerce Departmen ...Full Story>>

U.S. Weekly Jobless Claims Drop To Lowest Level Since 1969

04/26/2018 - 09:12 AM (RTTNews)
(RTTNews) - First-time claims for U.S. unemployment benefits fell to their lowest level in nearly ...Full Story>>

U.S. Durable Goods Orders Jump More Than Expected In March

04/26/2018 - 08:45 AM (RTTNews)
(RTTNews) - Reflecting another jump in orders for transportation equipment, the Commerce Departmen ...Full Story>>

U.S. Weekly Jobless Claims Drop More Than Expected

04/26/2018 - 08:38 AM (RTTNews)
(RTTNews) - First-time claims for U.S. unemployment benefits fell to their lowest level in nearly ...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.