COPOM MAINTAINS THE SELIC RATE AT 7.25%


The Monetary Police Committee of the Central Bank of Brazil decided on March 6th to maintain its benchmark interest rate at 7.25 percent, without bias.

Taking into consideration the macroeconomic environment and the outlook for inflation, the Committee unanimously decided to keep the Selic rate unchanged.

The Committee will monitor the macroeconomic scenario until its next meeting, to then define the next step in its monetary policy strategy. Indeed, an interest rate hike might be on the table as inflation keeps raising.


Duarte Ricardo | duarte.ricardo@tradingeconomics.com
3/7/2013 10:34:54 AM