The economists in the survey left their forecast for annual inflation in 2014 unchanged at 6.43%, while raising the forecast for next year to 6.49% from 6.45%. All those forecasts are very close to the 6.5% ceiling of the central bank's target range.
The economists left their forecast for the central bank's benchmark interest rate, the Selic, unchanged for the end of 2014 at 11.5%, and kept the forecast for the end of 2015 unchanged at 12.0%. The rate is currently 11.25%, and the central bank will hold its last monetary policy meeting of the year later this week, announcing its decision on Wednesday.
The economists in the survey left their forecast for annual inflation in 2014 unchanged at 6.43%, while raising the forecast for next year to 6.49% from 6.45%. All those forecasts are very close to the 6.5% ceiling of the central bank's target range.The economists left their forecast for the central bank's benchmark interest rate, the Selic, unchanged for the end of 2014 at 11.5%, and kept the forecast for the end of 2015 unchanged at 12.0%. The rate is currently 11.25%, and the central bank will hold its last monetary policy meeting of the year later this week, announcing its decision on Wednesday.
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