BRASÍLIA (Reuters) – The director of International Affairs and Corporate Risk Management at the Central Bank, Fernanda Guardado, highlighted this Thursday that the BC is very comfortable with the pace of monetary tightening it has adopted, in reference to the high of 1 point in the basic interest rate that was applied in the last meetings of the Monetary Policy Committee (Copom).
In an online event promoted by XP, she stated that the autarchy’s internal models show that, at this pace, the BC will deliver inflation to the target next year, a commitment that she reiterated that is being pursued with determination.
The BC has signaled that it should again raise interest rates by this magnitude at the next Copom meeting, which takes place at the end of this month. Currently, the Selic is at 6.25% per year.
“It’s not off the table (adopting a change), but we’re very comfortable right now with the pace we’ve chosen. We are very confident that this pace, our actions, our cycle will be enough”, she said.
(By Marcela Ayres)
+ Until 2019, there were more people in prisons than on the Brazilian stock exchange
+ Aloe gel in the drink: see the benefits
+ Lemon-squeezing trick becomes a craze on social media
+ Chef playmate creates aphrodisiac recipe for Orgasm Day
+ Mercedes-Benz Sprinter wins motorhome version
+ Anorexia, an eating disorder that can lead to death
+ US agency warns: never wash raw chicken meat
+ Yasmin Brunet breaks the silence
+ Shark is captured in MA with the remains of youngsters missing in the stomach
+ See how much it costs to eat at the MasterChef judges’ restaurants
+ Auction of cars and motorcycles from Kombi to Nissan Frontier 0km