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BCB Governor Reiterates Inflation Improvement Is Slow

BRAZIL
  • Brazil central bank chief Campos Neto says we have improvement in inflation, but improvement is slow, we always have to persist, but recent dynamics have been a little better. Camos Neto was speaking in Minas Gerais during a lecture at Cooxupé cooperative.
  • In the fight against inflation, the faster you are and the more targeted, the more efficient.
  • Says we will have credit growth between 7-8% this year.
  • It is no coincidence that central bank autonomy has proven to be efficient, controlling inflation is the greatest contribution that the central bank can make.
  • Inflation expectations are still high, we understand that they should start to fall.

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