The central bank of Brazil is the Banco Central do Brasil (BCB). Its monetary policy committee (Copom) is responsible for setting the target for the policy interest rate - the Selic rate and meets eight times a year, typically in a six-week cycle. The Copom meetings spans two days - typically on a Tuesday and Wednesday.
The central bank of Brazil is the Banco Central do Brasil (BCB). Its monetary policy committee (Copom) is responsible for setting the target for the policy interest rate - the Selic rate and meets eight times a year, typically in a six-week cycle. The Copom meetings spans two days - typically on a Tuesday and Wednesday.