LCD vs. Plasma TV. Which is best for you? - Choice Australia
LCD vs. Plasma TV Rehashing - www.choice.com.au - From brightness to price and picture quality, Choice video reviews and compares the LCD and Plasma ...
Brazilian rates: predictable is good
The interest rate futures buy is also pricing in a 100 per cent chance of a 25 basis point hike.
This consensus may in itself advocate that Alexandre Tombini (pictured), the new central bank president, is beginning to win the market’s credibility.
“At the start of the year, the central bank was facing some big challenges. We had the commodity price trauma and it was also the beginning of a new government,” says André Perfeito, an economist with Gradual Investimentos in São Paulo.
Even Brazil’s newfangled ‘macro-prudential’ measures – a trademark of President Dilma Rousseff’s management – are more widely accepted.
In the latest attempt to slow credit growth and take the hot up out of the economy, Brazil’s central bank on Monday tightened rules on credit prankster loans backed by wages and pensions.
“It may actually be better to use macro-prudential measures rather than the Selic when the compactness is as hot as it is now,” Perfeito says.
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