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Campos Neto - New Reflation Must Be Watched

BRAZIL

Central Bank Governor continuing to make comments today:

  • *Says he sees economy reopening in 2h21 (BBG)
  • *New reflation must be watched (BBG)
  • *Brazil is finally vaccinating 1m people a day (BBG)

This final comment comes after Senate head Rodrigo Pacheco said the expectation is for 1 million people to be vaccinated daily in April and the number will be 2 million in May, in an interview with CNN. In the interview he also added:

  • Functions of governors and mayors are equally important to fight against health crisis.
  • Executive and Legislative should identified a solution to budget issues.
  • Congress wanted a bigger amount for emergency aid, but there was a fiscal difficulty.

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