Only Half of Global Rate Hikes Set to Be Taken Back by End-2025 on Nostr: Bank of America Expects Further Selic Rate Cut in Brazil =============== #ea5c5357 ...
Bank of America Expects Further Selic Rate Cut in Brazil
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#ea5c5357 ver:0.31
Bank of America expects a further 25 basis point cut in Brazil's Selic rate in June, followed by a pause until January 2025. The bank projects Selic to be at 10.25% by the end of 2024 and 9.0% by the end of 2025. The decision to cut Selic by 0.25 percentage points was divided, with hawkish elements highlighting external volatility and the importance of fiscal responsibility. BofA suggests waiting for deterioration in inflation expectations and clarity on the divisions before resuming easing. #Brazil #interestrates...
#newstr #BankOfAmerica #Selic #InterestRates #Brazil #MonetaryPolicyCommittee #CentralBank #InflationExpectations #UsFederalReserve
https://here.news/story/ea5c5357?ver=0.31
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#ea5c5357 ver:0.31
Bank of America expects a further 25 basis point cut in Brazil's Selic rate in June, followed by a pause until January 2025. The bank projects Selic to be at 10.25% by the end of 2024 and 9.0% by the end of 2025. The decision to cut Selic by 0.25 percentage points was divided, with hawkish elements highlighting external volatility and the importance of fiscal responsibility. BofA suggests waiting for deterioration in inflation expectations and clarity on the divisions before resuming easing. #Brazil #interestrates...
#newstr #BankOfAmerica #Selic #InterestRates #Brazil #MonetaryPolicyCommittee #CentralBank #InflationExpectations #UsFederalReserve
https://here.news/story/ea5c5357?ver=0.31