???? SELIC RATE INCREASE: Central Bank reinforces FISCAL CONCERN in COPOM MINUTES

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Money Times

Published on Streamed live on Nov 12, 2024
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???? What to do with your investments with the increasing rise in the Selic rate? Money Times has made the COPOM KIT available for free to help you make decisions – ACCESS NOW: https://emprc.us/X9EGOp The minutes of the last Copom meeting emphasize that the largest increase in the Selic rate was due to current economic conditions and prospective uncertainties. The monetary authority chose to raise the rate by 0.50 percentage points (pp) at last week's meeting, to 11.25% per year. According to members of the Central Bank, in minutes released on Tuesday morning (12), the decision reflects the commitment to converge inflation to the target, “essential for the continuous construction of credibility”. In Giro do Mercado this Tuesday (12), Paula Comassetto receives Carla Argenta, chief economist at CM Capital, to comment on what the Central Bank's next steps should be and how investors should position themselves in the scenario of monetary tightening in Brazil. ???? WATCH ALSO: Ripio's COO comments on the significant rise in Bitcoin (BTC) in the last week: https://emprc.us/OviRG7 ???? Subscribe to the channel to follow Giro do Mercado from Monday to Friday, always at noon, and stay on top of what can impact your pocket: / @moneytimesbr #Selic #BancoCentral #MercadoFinanceiro #Copom #Fiscal #Investimentos #AtadoCopom #PolíticaFiscal

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