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to rise approximately 0.50% in June. Sent From Bloomberg Mobile MSG This has been prepared solely for inf
COPOM minutes maintain hawkish tone, signaling further tightening: The BCB published the COPOM minutes explaining last week's decision to raise the SELIC rate by 50bps to 13.75%. There were very few changes in the document, suggesting that the tightening cycle will continue. We now expect another 50b
and to USD63bn from USD76bn for 2016. Sent From Bloomberg Mobile MSG This has been prepared solely for inf
d 2016 at BRL3.90/USD (instead of BRL3.40/USD and BRL3.65/USD, respectively). Despite the higher inflation, we continue to expect the BCB to cut the SELIC rate to 11.50% in 2016 (with the easing cycle still beginning in April), as we expect the authorities to throw in the towel and postpone convergenc
a Subject: Faria: Brazil Daily Update Sent From Bloomberg Mobile MSG ---- Original Message ---- From: JOSE
e Sent From Bloomberg Mobile MSG ---- Original Message ---- From: JOSE CARLOS FARIA, DEUTSCHE BANK S.A. B At: 3/4/2015 23:34 The COPOM raised the SELIC rate by 50bps to 12.75%, as expected The decision was unanimous and was in line with market expectations, as, despite the gloomy economic outlook,
and to USD63bn from USD76bn for 2016. Sent From Bloomberg Mobile MSG This has been prepared solely for inf
2016 at BRL3.90/USD (instead of BRL3.40/USD and BRL3.65/USD, respectively). Despite the higher inflation, we continue to expect the BCB to cut the SELIC rate to 11.50% in 2016 (with the easing cycle still beginning in April), as we expect the authorities to throw in the towel and postpone convergenc
n May, as financial inflows rose 29%). Sent From Bloomberg Mobile MSG This has been prepared solely for inf
w shows inflation converging to the 4.5% target in 2Q17. These forecasts assumed an exchange rate of BRL3.10/1.1SD (vs. BRL3.15/USD in March) and a SELIC rate of 13.75% (vs. 12.75%) throughout the forecasting period. The BCB estimated administered price inflation of 13.7% (vs. 11.0%) for 2015 and 5.3%
and to USD63bn from USD76bn for 2016. Sent From Bloomberg Mobile MSG This has been prepared solely for inf
d 2016 at BRL3.90/USD (instead of BRL3.40/USD and BRL3.65/USD, respectively). Despite the higher inflation, we continue to expect the BCB to cut the SELIC rate to 11.50% in 2016 (with the easing cycle still beginning in April), as we expect the authorities to throw in the towel and postpone convergenc
SY D14) Daily 10SEP2014-10SEP201S Copyright@ 2015 Bloomberg Finance 392.500 10-Sep-2015 10:47:01 Origina
d 2016 at BRL3.90/USD (instead of BRL3.40/USD and BRL3.65/USD, respectively). Despite the higher inflation, we continue to expect the BCB to cut the SELIC rate to 11.50% in 2016 (with the easing cycle still beginning in April), as we expect the authorities to throw in the towel and postpone convergenc
Entities connected to both Bloomberg L.P. and SELIC

Jeffrey Epstein
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Richard Kahn
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Paul Morris
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Martha Stewart
PERSONVahe Stepanian
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Daniel Sabba
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Ariane de Rothschild
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Stewart Oldfield
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Ariane Dwyer
PERSONPetrobras
ORGANIZATIONBloomberg Mobile
ORGANIZATIONFaria
PERSONBrazil Daily
ORGANIZATIONJoaquim Levy
PERSONBrazil Daily Update
ORGANIZATION
Dilma Rousseff
PERSONFolha de S.Paulo
ORGANIZATIONBRL3.70/USD
ORGANIZATIONCOPOM
ORGANIZATIONNelson Barbosa
PERSON