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Central Bank Comfortable With Inflation View

BRAZIL

Brazilian Central Bank Governor Campos Neto was back on the wires this afternoon:


  • *BRAZIL INFLATION STILL WITHIN 2020, 2021 GOALS
  • *HE'S COMFORTABLE W/VIEW FOR INFLATION
He cited the impact from a weaker BRL and recent acceleration in food inflation but it appears clear the dominant driver of central bank policy going forward remains fiscal credibility and sustainability.

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