Selic should fall in the second half of 2023, says economist

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In an interview with CNN this Wednesday (21), the superintendent of economic research at Itaú, Fernando Gonçalves, evaluated that the basic interest rate, the Selic, should only drop in the second half of next year.

“Interests remain at this level, 13.75%, until the middle of next year and begin to fall only in the second half of 2023,” he said.

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Gonçalves commented on the decision released by the Monetary Policy Committee (Copom) of the Central Bank (BC) this Wednesday. The committee chose to keep the rate at 13.75% per year. The decision was widely expected by the market.

According to the expert, the BC communiqué presented a harsher tone, without ruling out the possibility of new highs to occur. For Gonçalves, the communiqué brings a “discussion of future steps, from which he can resume [o ciclo de alta] again”.

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See more in the video above.

Source: CNN Brasil

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