BAML cuts Brazil rate forecast to 4.00%, raises GDP growth outlook
Brazil’s central bank will cut
its benchmark Selic interest rate to 4.00% next year, economists
at Bank of America Merrill Lynch said on Tuesday, lowering their
forecast from 4.75% but also raising their growth outlook for
the region’s largest economy.
its benchmark Selic interest rate to 4.00% next year, economists
at Bank of America Merrill Lynch said on Tuesday, lowering their
forecast from 4.75% but also raising their growth outlook for
the region’s largest economy.
Posted by Reuters
