Free Trial

Valor Reporting On The Increased BCB Vigilance of Inflation Expectations

BRAZIL
  • According to Valor International, the next steps for Brazil’s Central Bank in setting interest rates seem increasingly dependent on the dynamics of inflation expectations.
  • The prominence given to the Central Bank’s Focus survey by the monetary authority keeps market participants closely watching the consensus among economists regarding future inflation trends.
  • However, some market participants have criticized the survey’s predictive capability for longer time horizons.
  • A full rundown of yesterday's Focus survey release in which the year-end Selic rate now stands at 10.00 is here.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.