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MNI BRIEF: BCB Worries About Inflation Expectations - Gov Neto

(MNI) BRASILIA

Brazil's Central Bank governor Roberto Campos Neto talks about monetary policy in an event.

Brazil's Central Bank governor, Roberto Campos Neto, said Thursday that inflation expectations have consistently worsened for 2024, 2025, and recently for 2026, adding a point of concern for the board.

"There are several factors contributing to this move. We've tried to list them, including external factors, fiscal policy, monetary policy management, central bank transition, approval capacity for measures in Congress, geopolitical issues, and the recent situation in Rio Grande do Sul (floods)," he said at an event sponsored by B3 in São Paulo.

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Brazil's Central Bank governor, Roberto Campos Neto, said Thursday that inflation expectations have consistently worsened for 2024, 2025, and recently for 2026, adding a point of concern for the board.

"There are several factors contributing to this move. We've tried to list them, including external factors, fiscal policy, monetary policy management, central bank transition, approval capacity for measures in Congress, geopolitical issues, and the recent situation in Rio Grande do Sul (floods)," he said at an event sponsored by B3 in São Paulo.

Keep reading...Show less