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Selic Rate Forecasts Unchanged In Latest BCB Focus Survey

BRAZIL

Selic Rate Forecasts Unchanged Following BCB Meeting In Latest Focus Survey:

  • Brazil economists forecast 5.44% 2022 inflation; prior 5.38%
  • Brazil economists forecast 3.50% 2023 inflation; prior 3.50%
  • Brazil economists forecast 0.30% 2022 GDP; prior 0.30%
  • Brazil economists forecast 1.53% 2023 GDP; prior 1.55%
  • Brazil economists see 11.75% 2022 year-end selic; prior 11.75%
  • Brazil economists see 8% 2023 year-end selic; prior 8%
  • Brazil economists see real at 5.60/usd by end-2022; prior 5.60 (All BBG)

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