Brazil Expected To Raise Interest Rates Hours After Fed Lowers Them
Brazil Expected To Raise Interest Rates Hours After Fed Lowers Them
Brazil's central bank will likely raise interest rates for the first time in two years due to a heated economy and an above-target inflation outlook.
由于经济升温和通货膨胀前景高于目标,巴西央行可能会在两年内首次加息。
In contrast, the U.S. central banking system just cut rates by a half percentage point Wednesday afternoon.
相比之下,美国中央银行系统周三下午刚刚将利率下调了半个百分点。
Brazilian policymakers led by Roberto Campos Neto will lift the benchmark Selic by 25 basis points to 10.75% late on Wednesday, according to 31 of 35 economists in a Bloomberg survey.
彭博社调查的35位经济学家中有31位表示,由罗伯托·坎波斯·内托领导的巴西决策者将在周三晚些时候将基准Selic上调25个基点至10.75%。
Two economists are forecasting a higher increase of 50 basis points the other two expect the rate to stay the same.
两位经济学家预测增幅将增加50个基点,另外两位经济学家预计利率将保持不变。
Most traders are expecting a rise of 25 basis points, with digital options at the local stock market pricing in a 15% chance of a 50 basis-point hike.
大多数交易者预计将上涨25个基点,当地股市的数字期权上涨50个基点的可能性为15%。
Latin America's largest economy differentiates itself from peer economies as its economic activity shows resilience to high borrowing costs. President Luiz Inacio Lula da Silva's increased public spending is boosting family income that is propped up supported by low unemployment.
拉丁美洲最大的经济体与同行经济体区分开来,因为其经济活动显示出抵御高借贷成本的能力。总统路易斯·伊纳西奥·卢拉·达席尔瓦增加的公共支出在低失业率的支持下增加了家庭收入。
Read Also: 50 Or 25 Bps Fed Rate Cut? Markets And Economists At Odds — What Does Steeper Reduction Mean For Investors?
另请阅读:美联储降息 50 或 25 个基点?市场和经济学家存在分歧—大幅下调对投资者意味着什么?
A resilient economy along with questions about the government's commitment to fiscal responsibility are feeding into inflation projections which are above the 3% goal through 2027.
弹性的经济以及对政府财政责任承诺的质疑正在推动通货膨胀预测,到2027年,通货膨胀率将超过3%的目标。
"Brazil's central bank is widely expected to embark on a hiking cycle on Wednesday, but there's plenty of questions that the post-meeting communication could clarify," said Adriana Dupita, Brazil and Argentina economist for Bloomberg Economics.
彭博经济学巴西和阿根廷经济学家阿德里安娜·杜皮塔表示:“人们普遍预计巴西央行将在周三开始加息周期,但会后沟通可能会澄清很多问题。”
"W expect the BCB to strike a delicate balance as it aims for a hawkish tone to curb inflation expectations, flexibility to adjust the rate path on new data and to push back on market pricing for aggressive hikes. Achieving all three is a tall task."
“我们预计英国央行将取得微妙的平衡,其目标是采取鹰派基调来抑制通胀预期,灵活调整新数据的利率路径,并推高激进加息的市场定价。实现这三个目标是一项艰巨的任务。”
Price Action: Brazil exchange-traded funds saw gsins and losses into Wednesday's early-afternoon trading.
价格走势:巴西交易所交易基金在周三下午早些时候的交易中出现了涨跌互现。
- IShares MSCI Brazil ETF (NYSE:EWZ) slipped 0.75%
- Franklin FTSE Brazil ETF (NYSE:FLBR) fell 0.63%
- iShares MSCI Brazil Small-Cap ETF (NASDAQ:EWZS) went up 0.03%
- iShares MSCI巴西ETF(纽约证券交易所代码:EWZ)下跌0.75%
- 富兰克林富时巴西ETF(纽约证券交易所代码:FLBR)下跌0.63%
- iShares MSCI巴西小盘股ETF(纳斯达克股票代码:EWZS)上涨0.03%
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- Mohamed El-Erian Warns Markets Have Gone Too Far In Pricing Fed As 'Single Mandate' Central Bank, Highlights Potential Disappointment Awaiting Investors Looking Forward To Rate Cut
- 穆罕默德·埃里安警告说,市场对美联储作为 “单一授权” 央行的定价已经走得太远了,这凸显了期待降息的投资者可能感到失望
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图片:Shutterstock