Brazil central bank considered rate cut

Brazil's central bank said Thursday 7 December in minutes from its last Copom meeting that it doesn't expect an eventual pick up in economic activity to stoke inflation.

In the minutes of its rate-setting meeting last week, the central bank said that it considered cutting rates by 0.25 percentage point at its Nov. 29 policy meeting. But it opted to reduce benchmark lending by 0.5 percentage point after deciding that economic data did not justify a smaller reduction.

"Though inflation has

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.