Natixis - Brazil: The BCB is most likely done hiking

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Natixis

Benito Berber

Brazil: The BCB is most likely done hiking

Let the long pause begin. By far, the most important part of the June 18 Copom communiqué will be the forward guidance. We believe the board will leave the door wide open to additional hikes, independent of the rate decision in the June C opom . The board will start a long pause while retaining the option to hike should inflationary pressures reaccelerate, but the plan would be to not rock the boat too much for the remainder of the year.

17/06/2025 1 EN

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Natixis

Based across the world’s leading financial centers, Natixis CIB Research offers an integrated view of the markets. The team provides support to inform Natixis clients’ investment and hedging decisions across all asset classes.

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Analysts

Benito Berber

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Brazil: The BCB is most likely done hiking

July CPI Review: Goods Prices Remain Behaved

How sensitive are French banks to Sovereign ratings and spreads ?

Trump’s Tariff Flooding Puts Taiwan at the Center of a Supply Chain Crossroads

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