segunda-feira, 28 de dezembro de 2015

Brazil Economists Raise 2016 Key Rate Estimate for Sixth Week

Brazil analysts lifted their 2016 year-end benchmark interest rate forecast for the sixth consecutive week, as the central bank reaffirms its commitment to slow inflation to target.

Policy makers will increase borrowing costs to 15.25 percent next year, compared to the previous week’s forecast of 14.75 percent, according to the weekly central bank survey of about 100 economists. Analysts expect inflation to reach 6.86 percent at the end of 2016, above the 6.5 percent upper limit of the central bank’s target range.

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