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Ex-Central Banker Says Fight Against Inflation Far From Over

BRAZIL
  • Brazil’s fight against inflation is far from over, with renewed price pressures coming next year when a newly elected government will likely scrap tax breaks while keeping additional social spending, according to one of the country’s top economists. (Bloomberg)
  • Persio Arida, who ran the country’s central bank in 1995 expects inflation to remain an issue for any future president.
  • *BRAZIL RELIEF MEASURES TO FAN INFLATION (BBG)
  • *BRAZIL SOCIAL SPENDING WON'T FALL, TAXES WILL GO UP (BBG)

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