May 24, 2024 18:07 GMT
BCB’s Campos Neto Highlights Concern About Rising Inflation Expectations
BRAZIL
- BCB President Campos Neto said at an event hosted by FGV on Friday that rising inflation expectations were bringing bad news for the central bank.
- He highlighted several causes for this, including fiscal policy, the external backdrop and concerns over the BCB’s credibility following the recent split vote.
- Campos Neto: We're seeing cpi expectations rising steeply (BBG)
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