HALISTER1: BCB Weakens Dovish View in Aug. 30-31 Meeting Minutes: Infinity

BCB Weakens Dovish View in Aug. 30-31 Meeting Minutes: Infinity

(Bloomberg) -- Minutes of latest BCB meeting partially removes dovish stance that many analysts saw in the meeting statement, Jason Vieira, economist at Infinity Asset Management, writes in an e-mailed note.
  • Minutes show BCB concerned with 2017 CPI expectations
    • Fiscal policy is crucial; if spending cap bill is not approved, rate cut may not happen in the short term
  • NOTE: BCB says no single factor is determinant for monetary easing
Alert: HALISTER1
Source: BFW (Bloomberg First Word)

People
Jason Vieira (Infinity Asset Management Administracao de Recursos)

To de-activate this alert, click here

UUID: 7947283