Brazil's central bank out with a quarterly inflation report 22 June
- 2018 CPI 4.5% as prev
- 2017 GDP 0.5% as prev
- at last meeting policy committee considered appropriate reduction of easing pace in July
- pace of easing will depend on economic activity, balance of risks, inflation expectations, estimates of extension of easing cycle
- sees favourable external scenario but prolonged uncertainty may hurt economic activity
More at the BCB here.
As per my Norges Bank post earlier let us know if you trade BRL in any form.
Interest rate decision from Mexico to look out for later too for those involved in such ccys at 18.00 GMT
USDBRL 15m
