Target and Path Surprises in Brazil: Monetary Policy Announcements, Yield Curves, and Inflation Expectations
Analysis of COPOM announcements reveals target and path surprises move the yield curve differently, with nonlinear effects and sign asymmetries in inflation expectation responses.
Featured in No. 138 on 6 Nov 2026 · 4 days after release

- Released
- 2 Nov 2026
- First featured
- No. 138 · 6 Nov 2026
- Published in
- Not yet, as far as Semantic Scholar knows
- Fanfare
- 2 of 5
- Identifier
- RePEc:cdp:texdis:td705
- Authors
- Frederico Bastone and Mauro Sayar Ferreira
Citations and venue from Semantic Scholar (ODC-BY), refreshed weekly. Summary: Quant Letter (CC BY 4.0).