selic rate Archives - The Industry Spread

219th Meeting of the Monetary Policy Committee (“Copom”) of the Central Bank of Brazil Press Release

December 13, 2018

The Copom unanimously decided to maintain the Selic rate at 6.50% p.a. Recent data on economic activity continue to indicate gradual recovery of the Brazilian economy. The global outlook remains challenging for emerging economies: The main risks are associated with an increase in risk aversion in global financial markets, with normalization of interest rates in some advanced economies, and with uncertainty regarding global trade.