One more cut from Brazil and the Selic is 'neutral'
Brazil can cut, but needs justification to keep going. And lots priced into longer market rates already
Brazil: The hawks are getting louder
The Brazilian central bank is likely to move the policy guidance needle decidedly in a hawkish direction at this week’s monetary policy meeting, but…
Brazil: Inflation risks in focus
Higher-than-expected inflation was the highlight of the economic calendar in recent weeks. Near-term inflation expectations have risen, and the local…
Stronger-than-expected activity indicators and the growing investor focus on inflation and fiscal risks are among the factors that have helped consolidate…
The BRL’s substantial underperformance over the past year can be traced to the structural break represented by the extraordinary drop in interest…
Brazil: Growth deferred and hard choices
Brazil: End-cycle uncertainties
Brazil: A deeper monetary stimulus
Assessing rate hike pressures for Japan and South Korea
A prescription for power – China's biotech boom and the new global…
G10 FX Talking: Dollar upside looks limited
Brazil: Monetary easing on track
Brazil: The (micro-)economic revolution
Brazil: A momentous reform
Brazil: A patient monetary policy
