Market Focus
Brazil: Hawkish Policy Is Negative For Domestic Demand
As expected, Brazil’s Central Bank lifted the benchmark Selic rate by 150 bps to 9.25% on Wednesday. This move brings the total increase since the beginning of the year to 725 bps. Policymakers also signaled that another rate hike is likely at its…
Interested in reading the full Daily Insight?
Read the full insight with instant access.
BCA Research | Daily Insights
Concise macro insight that cuts through daily noise, helping clients stay informed on what matters in markets, why it matters, and how to talk about it, without spending hours reading research.
Stay Connected with BCA
Get our latest events and research insights delivered to your inbox.