S. Panco Central (BC) The scenario of uncertainty about the severity of a rise is Definitions Import USA At the last meeting Copom Policy Committee (COPOM)The minutes of the meeting, which was issued on Tuesday (25).
According to the monetary authority, doubts about the implementation of definitions have an impact on expectations, pricing and inflation in emerging countries. In the evaluation of the college, part of the deterioration of the scenario, which was already discussed in previous meetings, begins to achieve.
“There are doubts about the behavior of economic policy in different dimensions, such as potential tax stimuli, restrictions imposed on work supplies, their scope, and the intensity of raising definitions to imports and important changes in relative prices resulting from the redirect of the energy matrix, which can negatively affect the financial conditions and capital flows of emerging economies.”
For the next meeting, BC indicated a less -amendment. The total volume of the cash pressure cycle will be dictated by the company’s adherence to inflation to the goal.
“Because of the delay in the continuous monetary cycle, the committee also ruled an occasion to communicate that the next movement will be less than. In addition, in the face of high uncertainty, it was decided to refer only to the direction of the next movement,” says the document.
At the last meeting, COPOM rose the basic interest rate at 1 percentage, which raised SEIC to 14.25 % per year. The decision was unanimous.
The discharge has been employed since the December 2024 meeting, which was held last under the leadership of former BC Roberto Campos Neto.
