Copom raises the Selic rate to 12.50 percent

20/07/2011 6:58:00 PM

Brasília - Assessing the prospective scenario and the balance of risks for inflation, the Copom unanimously decided, at the moment, to increase the Selic target to 12.50 percent, without bias.

The July Copom Minutes will be released next Thursday, July 28.

See also

Click here to see the 2011 Copom Meetings Schedule.

Click here to see the Copom´s objectives and background.

Click here to see the Copom Meeting Minutes.

Click here to see past Inflation Reports.

Click here to see past Inflation Reports (in Portuguese).