Document Type
Article
Abstract
At a time in which most countries have been experiencing low to negative interest rates, Brazil is just now joining the global trend. The Selic rate (equivalent to the Fed Funds Rate) is the key tool for monitoring monetary policy by the Brazilian Central Bank (BCB). With recent cuts, the Selic has landed in 4.25%, a rate never experienced before in the Brazilian economy (Brazilian Central Bank, n.d.). This paper seeks to analyze the impact of record low interest rates in the Brazilian capital markets. The paper approaches the impacts of low interest rates from the perspective of individual investors and Brazilian public traded companies.
Publication Date
July 2020
Journal Title
Proceedings of the Jepson Undergraduate Conference on International Economics
Volume
2
Issue
1
Copyright
©2020 by Proceedings of the Jepson Undergraduate Conference on International Economics
Language
en
File Format
application/pdf
Recommended Citation
Brenner, Allan F.
(2020)
"The Impact of Record Low Interest Rates in Brazilian Capital Markets,"
Proceedings of the Jepson Undergraduate Conference on International Economics: Vol. 2, Article 3.
Available at:
https://scholarworks.uni.edu/jucie/vol2/iss1/3