Free Trial

BCB Governor Reiterates Inflation Improvement Is Slow

  • 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.

To read the full story



MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.