Central Bank asks the market for projections on spending outside the ceiling

Amidst the discussion of the Transition PEC, which has been stirring the financial market, the Central Bank included a question in the questionnaire that will form the basis of the next meeting of the Monetary Policy Committee (Copom), in December, about whether analysts already consider in their projections spending above the ceiling in 2023 and 2024 – and at what volume.

In public manifestations, the president of the autarchy, Roberto Campos Neto, has said that it is necessary to wait for the final design of the measure to assess an eventual effect on the trajectory of the Selic.

In the futures interest market, however, there is already pricing of an increase in interest rates due to extra spending at the beginning of the next government.

The Copom meeting is scheduled for the next 6th and 7th of December.

Muffato creates autonomous Latin American market

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