Copom keeps basic economic interest rate at 2% at first meeting 2021

At its first meeting in 2021, the Central Bank’s Monetary Policy Committee (Copom) decided to maintain the basic interest rate at 2 percent per annum, the historic low. The decision was unanimous. It is the third consecutive meeting in Copom to maintain the rate at 2%. In the statement, the Central Bank said that with regard to the inflation scenario, there are risks for both directions.

Source: G1