Macroeconomicsbearish2 min read
Brazil Industry Deems 0.25 p.p. Selic Cut Insufficient; $EWZ Impact
Brazilian industry associations criticize the Central Bank's 0.25 p.p. Selic rate cut, warning of economic impacts and high interest rates.
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Brazilian industry associations criticize the Central Bank's 0.25 p.p. Selic rate cut, warning of economic impacts and high interest rates.
Brazil's Central Bank cut the Selic rate by 25bps, as expected, but industry skepticism and inflation concerns signal an uncertain easing cycle ahead.
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