HALISTER1: Brazil RTI Report Consolidates 100bps Cut in Selic: Infinity

Brazil RTI Report Consolidates 100bps Cut in Selic: Infinity

(Bloomberg) -- (Translated by Google and reviewed by Bloomberg editors.)
  • Report takes away the rhetoric used by part of the market in favor of stronger rate cuts, as widely diffused on trading desks, says Jason Vieira, economist at Infinity Asset Management in an emailed note
  • Selic rate cut in next Brazil Central Bank meeting is likely to be of 100bps, not 125bps or 150bps
  • Vieira highlights paragraph of the inflation report that mentions “a moderate intensification of the monetary policy easing rhythm, in relation to the rhythm of the last two Copom meetings”

Alert: HALISTER1
Source: BFW (Bloomberg First Word)

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Jason Vieira (Infinity Asset Management Administracao de Recursos)

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