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BCB to raise rates, US inflation report in focus

Discussion in 'Technical Analysis' started by FXStreet_Team, Jan 20, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Forex News and Events BCB’s rate dilemma (by Arnaud Masset) The Brazilian Central Bank will announced its interest decision later today. Most participants expect Alexandre Tombini to increase the Selic rate by 50bps to 14.75% while others believe that the BCB Governor will rather stay on hold in an attempt to protect the economy from another hard blow. The Brazilian situation was already a nightmare before the commodity sell-off and renewed fears about China’s growth outlook; but now that

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