This article shows that international spillovers or coordination in central bank interest rate setting are significant components of the Brazilian Taylor rule. For this. the short-term interest rate comovements of 28 countries and Euribor were estimated through a dynamic factor model. A nonlinear reaction function for the Central Bank of Brazil that includes global and regional factor... https://www.nacrack.com/flash-choice-Netgear-Nighthawk-LTE-Mobile-Hotspot-Router-Mobile-Hotspot-LTE-BRAND-NEW-p8608-best-super/