About: http://data.cimple.eu/news-article/7269b21c029146ac40705690816ce4d30dae52090f8139544b6ed368

Facets (new session)
Description
Metadata
Settings
- owl:sameAs
- Inference Rule:

About: http://data.cimple.eu/news-article/7269b21c029146ac40705690816ce4d30dae52090f8139544b6ed368 Goto Sponge NotDistinct Permalink

An Entity of Type : schema:NewsArticle, within Data Space : data.cimple.eu associated with source document(s)

Attributes	Values
rdf:type	schema:NewsArticle
schema:articleBody	Brazil's central bank raised its benchmark interest rate Wednesday by a larger-than-expected 0.75 point to 2.75 percent, as rising inflation forced it to reverse its pandemic stimulus stance. It was the first rate hike in six years for Latin America's biggest economy, which weathered last year's Covid-19 meltdown relatively well but now faces signs of another slowdown just as a surge in virus cases and deaths wreaks new havoc. The bank's monetary policy committee said it could make a similar increase at its next meeting in May, in a sign of how concerned policymakers are with rising inflation and the Brazilian real's slide against the dollar. "Barring a significant change in inflation projections or the balance of risks facing the economy, the committee foresees continuing the process of partially winding down its monetary stimulus with another adjustment of the same magnitude," it said in a statement. Brazil's annual inflation is forecast at 4.6 percent for 2021, above the bank's target of 3.75 percent -- though within its tolerance range of plus or minus 1.5 percentage points. The benchmark Selic rate had been at two percent, its all-time low, since August 2020. Analysts had forecast a hike of just half a percentage point. bur-jhb/sst
schema:headline	Brazil raises interest rate by bigger-than-expected 0.75 point to 2.75%
schema:mentions	Latin America Interest rate Apparent magnitude Inflation United States dollar Brazilian real Virus Brazil Coronavirus disease 2019 Monetary Policy Committee (United Kingdom) Sea surface temperature Patria AMV
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2021-03-17 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	positive sentiment
http://data.cimple...readability_score	63 (xsd:integer)
http://data.cimple...tology#hasEmotion	happiness

Faceted Search & Find service v1.16.115 as of Oct 09 2023

Alternative Linked Data Documents: ODE Content Formats:

RDF

ODATA

Microdata

About

OpenLink Virtuoso version 07.20.3238 as of Jul 16 2024, on Linux (x86_64-pc-linux-musl), Single-Server Edition (126 GB total memory, 5 GB memory in use)
Data on this page belongs to its respective rights holders.
Virtuoso Faceted Browser Copyright © 2009-2025 OpenLink Software