Monetary Policy Committee of the Central Bank of Brazil

E806344

The Monetary Policy Committee of the Central Bank of Brazil is the decision-making body responsible for setting the country’s benchmark interest rate and guiding its overall monetary policy to control inflation and support economic stability.

All labels observed (4)

How this entity was disambiguated

Statements (47)

Predicate Object
instanceOf decision-making body ⓘ
monetary policy committee ⓘ
aimsTo contribute to sustainable economic growth ⓘ
keep inflation within target range ⓘ
appliesToJurisdiction Brazil ⓘ
country Brazil ⓘ
decisionType interest rate decisions ⓘ
monetary policy stance ⓘ
field central banking ⓘ
macroeconomic policy ⓘ
governs short-term interest rates in Brazil ⓘ
headquartersCountry Brazil ⓘ
headquartersLocation Brasília ⓘ
jurisdiction Brazilian economy ⓘ
languageOfWork Portuguese ⓘ
legalBasis Brazilian monetary law ⓘ
mainFunction conduct monetary policy ⓘ
control inflation ⓘ
set benchmark interest rate ⓘ
support economic stability ⓘ
meetingLocation Central Bank of Brazil headquarters ⓘ
meets regularly ⓘ
monitors economic activity indicators ⓘ
financial conditions ⓘ
inflation indicators ⓘ
nativeName Comitê de Política Monetária do Banco Central do Brasil ⓘ
nativeNameLanguage Portuguese ⓘ
operatesWithin Brazilian financial system ⓘ
parentOrganization Central Bank of Brazil ⓘ
partOf Central Bank of Brazil ⓘ
policyArea monetary policy ⓘ
policyObjective economic stability ⓘ
inflation targeting ⓘ
price stability ⓘ
publishes interest rate decisions ⓘ
monetary policy statements ⓘ
regionServed Federative Republic of Brazil ⓘ
linked to: Brazil
reportsTo Board of the Central Bank of Brazil ⓘ
responsibleFor implementation of monetary policy guidelines ⓘ
sector public sector ⓘ
sets SELIC rate ⓘ
shortName COPOM ⓘ
typeOfRateSet policy interest rate ⓘ
usesFramework inflation targeting regime ⓘ
usesInstrument open market operations ⓘ
reserve requirements ⓘ
standing facilities ⓘ

How these facts were elicited

Referenced by (5)

Full triples — surface form annotated when it differs from this entity's canonical label.

SELIC rate → determinedBy → Monetary Policy Committee of the Central Bank of Brazil ⓘ
Monetary Policy Department (Central Bank of Brazil) → supportsDecisionMakingOf → Board of the Central Bank of Brazil ⓘ
subject linked to: Monetary Policy Department
linked to: Monetary Policy Committee of the Central Bank of Brazil
Monetary Policy Department (Central Bank of Brazil) → supportsDecisionMakingOf → Monetary Policy Committee of the Central Bank of Brazil ⓘ
subject linked to: Monetary Policy Department
Monetary Policy Committee of the Central Bank of Brazil → shortName → COPOM ⓘ
linked to: Monetary Policy Committee of the Central Bank of Brazil
Monetary Policy Committee of the Central Bank of Brazil → nativeName → Comitê de Política Monetária do Banco Central do Brasil ⓘ
linked to: Monetary Policy Committee of the Central Bank of Brazil