Brazil

Brazil’s financial market lowers interest rate estimate for 2023 to 12%

   Download Android App    Share in      FullScreen   CheckVideos

Brazil's financial market has revised its estimate for the basic interest rate, Selic, at the end of 2023, reducing it from 12.25% to 12% per year.The estimate for 2024 remains unchanged at 9.5%.

This update was published in the latest Focus Bulletin by the Central Bank (BC) on July 3, 2023.The revision follows the announcement made by the Minister of Finance, Fernando Haddad, to the National Monetary Council (CNM) regarding the change in the inflation targeting regime.The council decided to maintain the inflation target at 3% for 2024, 2025, and 2026.

The implementation of .

.

.To read the full NEWS and much more, Subscribe to our Premium Membership Plan.

Already Subscribed? Login Here




Unlimited Portal Access + Monthly Magazine - 12 issues-Publication from Jan 2021

Buy Our Merchandise (Peace Series)

 

Contribute US to Start Broadcasting


It's Voluntary! Take care of your Family, Friends and People around You First and later think about us. Its Fine if you dont wish to contribute and if you wish to contribute then think about the Homeless first and Feed them. We can survive with your wishes too :-). You can Buy our Merchandise too which are of the finest quality.

Debit/Credit/UPI

UPI/Debit/Credit

Paytm

STRIPE

Details
Category: Brazil


70