Banco Central do Brasil says it will no longer indicate a bias when setting rates - ConsultFX

Banco Central do Brasil says it will no longer indicate a bias when setting rates

Good. Forward Guidance is often forward misguidance. (No I didn't get out of bed on the wrong side :-D ) Adam wrote over the weekend on the Bank of Canada Governor questioning forward guidance .... looks like we are seeing a new trend emerge. Copyright 2015 Forexlive.com