Market Expects Further Drop in Brazil’s Selic Rate

The latest Focus Bulletin indicates steady inflation expectations for this year, with a slight dip for next year. Analysts predict the official rate to stabilize at 4.63% for 2023, a small drop from last month. For 2024, expectations worsened slightly to 3.91%. The median based on recent updates also echoes this trend. For 2024 and […]

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