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Non-Tech : The Brazil Board -- Ignore unavailable to you. Want to Upgrade?


To: richardred who wrote (2066)2/27/2020 8:56:56 AM
From: elmatador  Respond to of 2504
 
Travelled first week of Feb. to Namibia.
in O.R. Tambo airport all airport staff using masks.

No plans to travel till end of March. I there is a spread in East Africa I would send probably decamp to Brazil.



To: richardred who wrote (2066)3/1/2020 1:59:16 AM
From: elmatador  Respond to of 2504
 
The Central Bank's Copom (Monetary Policy Committee) reduced basic interest rates (Selic) by 0.25 percentage points, from 4.5% to 4.25% per year.

It is the lowest level since the beginning of the historical series, in 1996. It was the fifth consecutive cut and the decision was unanimous
...
Selic cut cycle started in 2016 In October 2016,

CB started a sequence of 12 Selic cuts.

In this period, the interest rate fell from 14.25% per year to 6.5% per year.
From May 2018 to June 2019, the rate was kept at the same level. There were ten Copom meetings without changes in the Selic.
At the end of July last year, the Copom reduced the Selic rate by 0.5 percentage point, to 6% per year. The last cut was made in December, from 5% to 4.5% per year



To: richardred who wrote (2066)8/10/2022 6:00:04 AM
From: elmatador1 Recommendation

Recommended By
richardred

  Respond to of 2504
 
Brazil consumer prices tumbled by the most on record in July after President Jair Bolsonaro slashed utility taxes to tame the soaring cost of living and lift his re-election chances.

Official data published Tuesday showed consumer prices fell 0.68% compared to June, more than the -0.65% median estimate from analysts in Bloomberg survey. It was the biggest monthly drop since the start of the data series in 1980. Annual inflation eased to 10.07%.