Aug 4, 2010

Brazilian Monetary Policy: When Will The Tightning Cycle End?

In Brazil, the July 21 monetary policy minutes did not provide a clear signal about when the tightening cycle will end; however, the dovish and data-dependent tone indicates further hikes of a similar size to, or smaller than, that delivered in July.

Related ETF: iShares MSCI Brazil Index (ETF) (NYSE:EWZ)

in RGE