Economia
- The Economist:brazil's Economy - Wild Horses
Inflation is at 6.3% and is poised to break through the ceiling of the Central Bank’s target of 2.5-6.5% for the first time since it was adopted in 2006. That is despite the currency surging to 1.58 reais to the dollar, close to its peak since it was...
- Brazil's Economy.
INFLATION is at 6.3% and is poised to break through the ceiling of the Central Bank’s target of 2.5-6.5% for the first time since it was adopted in 2006. That is despite the currency surging to 1.58 reais to the dollar, close to its peak since it was...
- Fim Da Tranqüilidade
"... Brazil’s bid to wean itself off floating-rate debt, a legacy of 1990s hyperinflation, is faltering as the central bank boosts benchmark borrowing costs from a record low. The percentage of the government’s 1.59 trillion reais ($896 billion)...
- Economia Monetária - Política Monetária Atual
O Banco Central do Brasil facilita liquidez: -- Sept. 24 (Bloomberg) -- Brazil eased rules on reserve requirements that banks must keep at the central bank in response to the credit crunch sparked by the U.S. financial crisis. Banco Central do Brasil...
-
O governo brasileiro tomou a decisão correta em 2003 ? O Blanchard fez as contas e concluiu que : This paper argues that this is the situation the Brazilian economy found itself in in 2002 and 2003. It presents a model of the interaction between...
Economia
Banco Central do Brasil confusa mercados
Traders’ Math Made Worthless by Stealth Rate Cut: Brazil Credit
By David Biller & Blake Schmidt - Jan 15, 2013 9:11 AM GMT-0200
The Brazilian central bank’s refusal to enforce its benchmark rate target is eroding traders’ ability to bet on monetary policy decisions and prompting economists to speculate that the inaction constitutes a stealth rate cut.
The rate that banks charge each other for overnight loans, known as DI, was 6.93 percent on Jan. 14, marking the 23rd straight day it has been more than a quarter-percentage point below the central bank’s 7.25 percent target. The 0.32 differential is more than double the average over the past decade and compares with gaps of less than 0.1 percentage point in the U.S. and neighbors Colombia and Chile.
The growing rate gap in Brazil, which was sparked by an increase in cash levels that central bank President Alexandre Tombini has left unchecked, is rendering useless traders’ models designed to calculate the probability of policy moves in coming days and months, according to Votorantim Ctvm Ltda. By allowing the overnight rate to drop, Tombini is adding stimulus to a sputtering economy without having to announce the 11th reduction in the target since 2011.
Mais
The rate that banks charge each other for overnight loans, known as DI, was 6.93 percent on Jan. 14, marking the 23rd straight day it has been more than a quarter-percentage point below the central bank’s 7.25 percent target. The 0.32 differential is more than double the average over the past decade and compares with gaps of less than 0.1 percentage point in the U.S. and neighbors Colombia and Chile.
Mais
loading...
- The Economist:brazil's Economy - Wild Horses
Inflation is at 6.3% and is poised to break through the ceiling of the Central Bank’s target of 2.5-6.5% for the first time since it was adopted in 2006. That is despite the currency surging to 1.58 reais to the dollar, close to its peak since it was...
- Brazil's Economy.
INFLATION is at 6.3% and is poised to break through the ceiling of the Central Bank’s target of 2.5-6.5% for the first time since it was adopted in 2006. That is despite the currency surging to 1.58 reais to the dollar, close to its peak since it was...
- Fim Da Tranqüilidade
"... Brazil’s bid to wean itself off floating-rate debt, a legacy of 1990s hyperinflation, is faltering as the central bank boosts benchmark borrowing costs from a record low. The percentage of the government’s 1.59 trillion reais ($896 billion)...
- Economia Monetária - Política Monetária Atual
O Banco Central do Brasil facilita liquidez: -- Sept. 24 (Bloomberg) -- Brazil eased rules on reserve requirements that banks must keep at the central bank in response to the credit crunch sparked by the U.S. financial crisis. Banco Central do Brasil...
-
O governo brasileiro tomou a decisão correta em 2003 ? O Blanchard fez as contas e concluiu que : This paper argues that this is the situation the Brazilian economy found itself in in 2002 and 2003. It presents a model of the interaction between...