Financial market diverges on interest rate for 2021

With the feeling that 2020 is already in the rear view, the financial market is already focusing its attention on the direction of the Brazilian benchmark interest rate, Selic, in 2021. In a survey conducted by Valor with 82 financial institutions, the consensus is that the basic interest rate will be maintained at 2% by the Central Bank's Monetary Policy Committee (Copom) in next week's announcement. However, the...

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