Central Bank initiates monetary easing cycle while IMF projects public debt levels for Brazil, highlighting its role in Latin America.
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Updated oct 13
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What happened
Central Bank initiates monetary easing cycle while IMF projects public debt levels for Brazil, highlighting its role in Latin America.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.IMF lowered Brazil's growth forecast to 2.2% and Banco Central set the Selic rate.1 source
Regional markets are affected by simultaneous policy rate decisions in Latin America.1 source
- Pernambuco leads Northeast growth in Brazil, while the Central Bank gauges regional economic activity and compares performance with Mato Grosso.Sub-event
Brazil's consumption growth exceeds IMF projections for the region.1 source
Central Bank eases policy amid IMF scrutiny of Brazil's debt.1 source
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The entities involved
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Latin America
region of the Americas where Romance languages are primarily spoken
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central bank
public institution that manages a state's currency, money supply, and interest rates
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International Monetary Fund
international financial institution