NEWS IN ENGLISH - Market forecast is for lower interest rates

13/12/2011 10:57

Kelly Oliveira     Reporter Agência Brasil


Brasília - The weekly financial market survey by the Central Bank, the Focus report, found that the latest forecast for the country’s benchmark interest rate, the Selic, presently at 11%, is for it to close out 2012 at 9.5% (the forecast a week ago was 9.75%).


Allen Bennett – translator/editor The News in English

Link - Focus: estimativa para inflação em 2012 cai para 5,42%