BrasíliaConsumer prices rose 4.63% in October, below forecasts.
Brazil’s annual rate sits further above target as the government’s budget gap widens.
The central bank’s policy rate stands at 13.75%, as of 10 November.
Elsewhere, the European Central Bank decides on 17 December, and 71 of 71 polled economists expect a hike.
How each outlet framed it
- Bloomberg Business leans favorable
- Reuters
- reports Reuters' poll of 71 economists expecting a December ECB hike to 2.75%, above the neutral range of 1.75%-2.50%
Sources: Bloomberg Business, Reuters