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br | copom_minutes_20221026.txt | 1. The global environment remains adverse and volatile, with downward revisions on prospective global growth. The tightening of the financial conditions in major economies, the persistence of the war in Ukraine with its consequences on energy supply to Europe, and the continuation of the Covid-19 policy in China reinfo... |
br | copom_minutes_20191211.txt | |
br | copom_minutes_20210616.txt | 1. Regarding the global outlook, fiscal and monetary stimuli in some developed countries promote a robust economic recovery. Due to economic slack, central bank communication from major economies suggests monetary stimuli will last long. However, uncertainty remains high and a new round of market discussion regarding i... |
br | copom_minutes_20190508.txt | |
br | copom_minutes_20181212.txt | |
br | copom_minutes_20220316.txt | 1. Regarding the global outlook, the environment has deteriorated significantly. The conflict between Russia and Ukraine has led to a strong tightening in financial conditions and higher uncertainty surrounding the global economic outlook. In particular, the supply shock resulting from the conflict has the potential of... |
br | copom_minutes_20220921.txt | 1. The global environment remains adverse and volatile, with continued downward revisions on prospective growth in the major economies, especially in China. The data released since the previous Copom meeting reinforce the view that the U.S. labor market, as well as in other advanced economies, remains heated. However, ... |
br | copom_minutes_20200617.txt | |
br | copom_minutes_20220504.txt | 1. The global environment has deteriorated further. Inflationary pressures arising from the global recovery after the pandemic period have intensified due to the increase of commodity prices in 2022 and, more recently, by the new wave of Covid-19 in China, which might potentially extend even further the process of norm... |
br | copom_minutes_20190731.txt | |
br | copom_minutes_20230503.txt | 1. The global environment remains challenging. The episodes involving banks abroad have increased the uncertainty, but with limited contagion on financial conditions so far, requiring constant monitoring. The impact of these episodes on financial conditions and consequently on global growth is still uncertain but has a... |
br | copom_minutes_20200205.txt | |
br | copom_minutes_20190321.txt | |
br | copom_minutes_20211027.txt | 1. Regarding the global outlook, the environment is becoming less favorable, reflecting the persistent inflation and the consequent central banks’ reaction. Growth in 2022 should be lower, with the reversal of fiscal stimuli and advance in the process of monetary policy normalization. This combination implies a more ch... |
br | copom_minutes_20220615.txt | 1. The global environment has deteriorated further, marked by downward revisions on prospective global growth in an environment of strong and persistent inflationary pressures arising from the global recovery after the pandemic period. These pressures have intensified due to the increase of commodity prices in 2022 and... |
br | copom_minutes_20200506.txt | |
br | copom_minutes_20230201.txt | 1. The global environment continues to be marked by prospects of below-potential global growth for next year. The easing of the COVID policy in China, a milder winter in Europe, and the possibility of a gradual decline in the US growth soften the expected global economic slowdown for the coming quarters due to the tigh... |
br | copom_minutes_20201209.txt | 1. Regarding the global outlook, the pandemic resurgence in some major economies is reverting previous mobility gains and should affect short-term activity. However, promising results in COVID-19 vaccine trials tend to improve confidence and growth in the medium term. Economic slack, along with the communication of cen... |
br | copom_minutes_20211208.txt | 1. Regarding the global outlook, the environment became less favorable. Some central banks in advanced economies expressed more clearly the need for caution given the increased persistence of inflation, turning the environment more challenging for emerging economies. In addition, the real state sector situation in Chin... |
br | copom_minutes_20210922.txt | 1. Regarding the global outlook, the long-lasting monetary stimuli and the reopening of major economies still sustain a favorable environment for emerging markets.
2. Turning to the Brazilian economy, the second quarter GDP release as well as the most recent indicators continue to show a positive evolution and do not e... |
br | copom_minutes_20210317.txt | 1. Regarding the global outlook, new fiscal stimuli in some developed countries and the advancement of the Covid-19 immunization programs should promote a more robust economic recovery throughout the year. Economic slack and central bank communication from major economies suggest monetary stimuli will last long. Howeve... |
br | copom_minutes_20210505.txt | 1. Regarding the global outlook, new fiscal stimuli in some developed countries and the advancement of the Covid-19 immunization programs should promote a more robust economic recovery throughout the year. Economic slack and central bank communication from major economies suggest monetary stimuli will last long. Howeve... |
br | copom_minutes_20220202.txt | 1. Regarding the global outlook, the environment remains less favorable. More persistent inflation raises the chances of faster monetary tightening in the US, turning financial conditions more challenging for emerging economies. In addition, the recent Covid-19 wave adds uncertainty about the pace of activity, and at t... |
br | copom_minutes_20190206.txt | |
br | copom_minutes_20201028.txt | 1. Regarding the global outlook, the strong recovery in some economic sectors seems to be subsiding, partly due to the pandemic resurgence in some major economies. There is significant uncertainty regarding the evolution of this scenario due to a possible decline in government stimuli and to the evolution of the COVID-... |
br | copom_minutes_20200916.txt | 1. Regarding the global outlook, the recovery in major economies, although uneven across sectors, along with a moderation in financial assets volatility, is resulting in a relatively favorable environment for emerging economies. However, there is significant uncertainty regarding the evolution of this scenario due to a... |
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