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MNI BRIEF: 100% Chance of Exceeding 2024 Inflation Target -BCB

Brazil's central bank Quarterly Report for the fourth quarter of 2024 released Thursday.

MNI (BRASILIA) - The Central Bank of Brazil sees a 100% chance of inflation exceeding the upper limit of its target tolerance range in 2024, according to its fourth quarter report released Thursday, up from a 36% probability in its third quarter report.

The probability of exceeding the target increased also for 2025, from 28% to 50%, and for 2026, from 19% to 26%.

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MNI (BRASILIA) - The Central Bank of Brazil sees a 100% chance of inflation exceeding the upper limit of its target tolerance range in 2024, according to its fourth quarter report released Thursday, up from a 36% probability in its third quarter report.

The probability of exceeding the target increased also for 2025, from 28% to 50%, and for 2026, from 19% to 26%.

Keep reading...Show less