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MNI BRIEF: Copom's Forecasts Key For Monetary Policy -Galipolo

Central Bank of Brazil Deputy Governor for Monetary Policy Gabriel Galipolo speaks at an event on Monday.

MNI (BRASILIA) - Central Bank of Brazil Deputy Governor for Monetary Policy Gabriel Galipolo said on Monday that the key focus for the board is its own forecasts for inflation over the next six quarters.

"The key focus for us is the projections that the Copom has for the relevant horizon,” he said at an event sponsored by Itau Unibanco, adding that unanchored market expectations and strong activity remain concerns. The latest BCB forecast for the first quarter of 2026 is 3.5%, above the 3% target.

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MNI (BRASILIA) - Central Bank of Brazil Deputy Governor for Monetary Policy Gabriel Galipolo said on Monday that the key focus for the board is its own forecasts for inflation over the next six quarters.

"The key focus for us is the projections that the Copom has for the relevant horizon,” he said at an event sponsored by Itau Unibanco, adding that unanchored market expectations and strong activity remain concerns. The latest BCB forecast for the first quarter of 2026 is 3.5%, above the 3% target.

Keep reading...Show less