
The Central Bank of Brazil's Monetary Policy Committee unanimously kept the Selic rate at 6.50%. The committee said recent economic activity data came in below expectations, while the economy remains on a gradual recovery path.
Its inflation projections assume the Selic ends 2019 at 6.5% and rises to 7.75% during 2020.
Steady policy with a rising rate path into 2020 signals tighter credit ahead for Brazilian livestock and feed operators. The direct effect on grain and meal prices is limited.
Setelah 92 peristiwa makro netral sebelumnya, Real Brasil (BRL per USD) bergerak median +0,4% selama 5 sesi (58% lebih tinggi; separuh tengah -0,7% sampai +1,4%), dan +0,4% selama 20 sesi.
Pergerakan benchmark setiap komoditas dari penutupan terakhir sebelum peristiwa. Pembacaan historis menggabungkan peristiwa serupa di masa lalu; itu menggambarkan apa yang terjadi, bukan apa yang akan terjadi. Bukan nasihat investasi.