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For the seventh time in a row, the Monetary Policy Committee of the Central Bank (COPOM) kept Selic at 6.5% a year at the first meeting of the year 's body. As a result, the base interest rate remains at its lowest since the beginning of the Central Bank's historical series in 1986.
The decision, which had already been announced by market badysts, had been taken in the middle a more favorable environment for investors. inflation and slow recovery of economic activity
The recipient country has maintained the projection of inflation for 2019 according to the market scenario at 3.9%. The estimate has now risen to 3.8%, up from 3.6% previously.
In a statement, the Copom notes that the next steps of monetary policy will continue according to the evolution of economic activity, balance of risks and costs. projections and anticipations of inflation. Most badysts estimate that Selic's participation at 6.5% at the end of the year.
Yesterday's meeting may have been the last with Ilan Goldfajn at the head of British Columbia. His successor, economist Roberto Campos Neto, will take office upon approval of the appointment by the Senate.
Discover the quotes in real time this Thursday (7):
dollar 19659002]
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