Rabobank sees BC raising interest rates to 3.7% in March

Rabobank raised the projection for the National Wide Consumer Price Index (IPCA) of 2021 from 3.5% to 3.7%. The Dutch financial group sees increased chances of the Central Bank (BC) to raise interest rates in March, especially if a new emergency aid program, around R$ 30 billion ($5.5 bn), is approved in Congress.

Source: 6 Minutos