Use cases & endpoints
Copom minutes in English — Brazil's rate decisions
Copom is Brazil's rate-setting committee, and its statements and minutes move a market that global macro desks trade without necessarily reading Portuguese. The documents are published promptly and thoroughly; the barrier is language and structure rather than availability.
Machine translation solves part of it and creates a subtler problem: central bank language is deliberately hedged, and hedging is what translation flattens first. A phrase that signals patience in Portuguese can come back in English sounding like a commitment.
Hindcast keeps the Portuguese original as the source of record with English alongside it, so a passage can be read in the language it was written in and quoted in the language you work in. Statements and minutes are dated separately — the minutes follow the decision by roughly a week under the current convention — and both are chunked so retrieval returns the paragraph that answers the question.
hindcast — session
previewhindcast> what did Copom say about the inflation outlook?
→ tool: cb_minutes { bank:"BCB", meeting:"...", lang:"en" }
✓ passages in English with the Portuguese original attached
source: BCB Copom minutes, original preserved as source of record
What's covered
- Copom statements and minutes across the historical archive
- Portuguese original kept as the source of record
- English rendering alongside, never replacing the original
- Decision date and minutes release date stored separately
- Paragraph-level anchors for citable quotes
- Linked to BCB series and the Focus survey for context
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Questions
Which version should I quote?
Quote the Portuguese and gloss it in English if the claim is delicate. The English is there for search and comprehension; the original is what the committee actually published.
How does this relate to the Focus survey?
They are two halves of the same picture — what the committee said and what forecasters expected. Both are dated by release, so the two can be lined up without accidentally comparing a statement to expectations formed after it.
Related
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