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Prospect News home > News index > List of issuers B > Headlines for Banco Central do Brasil > News item
Published on 10/21/2009 in the Prospect News Emerging Markets Daily.

Banco Central do Brasil keeps policy interest rate unchanged at 8¾%

By Marisa Wong

Milwaukee, Oct. 21 - The Monetary Policy Committee (Copom) of the Banco Central do Brasil decided to keep its policy interest rate at 8¾% at its meeting on Wednesday, according to a news release issued by the bank.

The interest rate is unchanged in view of inflation targets. The committee evaluates this interest rate as consistent with a calm inflationary scenario, which will help maintain inflation targets for a non-inflationary recovery of economic activity.


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