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ArtikelChanging Direction; Brazil's Economy  
Oleh: [s.n]
Jenis: Article from Bulletin/Magazine
Dalam koleksi: The Economist (http://search.proquest.com/) vol. 400 no. 8749 (Sep. 2011), page 37-38.
Topik: International; Monetary Policy; Economic Planning
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  • Perpustakaan Pusat (Semanggi)
    • Nomor Panggil: EE29.67
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Isi artikelOn August 31st Brazil's monetary-policy committee decided to cut the Central Bank's benchmark interest rate by half a percentage point, to 12%. It was the committee's most unpredictable meeting for many months. Just a week earlier, analysts were split between those who pointed to inflation at 7.1%, above the 6.5% ceiling of the bank's target, as reason to expect another rise--the year's sixth--and those who felt that turmoil abroad and a cooling economy at home were reason to expect the committee to stay its hand. But on August 29th the calculations changed.
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