2023-08-08 11:47:20
The document states that the committee judges as “unlikely” an additional intensification in the pace of Selic rate cuts
Short and medium interest rates operated stable this Tuesday morning, the 8th, after the release of the Copom minutes, which reinforced the tone of last week’s statement and indicated a new cut of 50 basis points in the Selic in September.
The document states that the committee judges as “unlikely” an additional increase in the pace of cuts in the Selic rate. Longs have a slight drop, in line with Treasury yields. But the movement is limited by the strong advance of the dollar, which rose to R$ 4.93 (+0.84%) a little while ago.
At 9:20 am, the rate of the interbank deposit contract (DI) for January 2024 went to a minimum of 12.470%, from 12.476% in the previous adjustment. The DI for January 2025 fell to 10.52%, from 10.53%, and that for January 2027 fell to 10.06%, from 10.112% The DI for January 2029 fell to 10.53%, from 10.578 % in the previous setting.
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