BCB PREVIEW: Minutes to Be in Line With Post-Decision Statement
(Bloomberg) -- Analysts don’t expect much news from BCB’s latest minutes after the post-decision statement brought details of the rationale for the surprise 75bp cut.
- BCB to signal maintenance of easing pace of 75bps in coming meeting without being too explicit about it due to external and political risks, USP professor Simao Silber says in interview
- BCB post-meeting statement was clear enough on what the monetary policy committee expects, 4E Consultoria Economist and Partner Bruno Lavieri says
- Market is already pricing in a cut of 75bps in next meeting, as govt has no room to take fiscal measures necessary to boost economy in short term, Banco Votorantim Economist Carlos Lopes says
- Minutes unlikely to bring clear signal on easing cycle amid uncertainties on external scenario and to what extent food disinflation benefit will remain, SulAmerica Investimentos Chief Economist Newton Rosa says
- NOTE: In Surprise Rate Cut, Brazil Signals New Pace of Easing Ahead
Alert:
HALISTER1Source: BFW (Bloomberg First Word)
People Bruno Lavieri (4E Consultoria Economica Ltda)
Newton Rosa (Sul America Cia Nacional de Seguros)
Simao Davi Silber (Universidade de Sao Paulo)
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