Free Trial

MNI BRIEF: Copom Watching Range of Data - BCB's Galipolo

Gabriel Galipolo, Brazil's central bank deputy governor for monetary policy, spoke at an event.

MNI (BRASILIA) - Brazil's central bank deputy governor for monetary policy, Gabriel Galipolo, said Monday it would be a mistake to try to anticipate what the monetary policy committee (Copom) will do at its next meeting based on any single variable, as the board is data-dependent. 

"I want to reaffirm that we are four weeks away from the next Copom meeting, and we still have a series of data that need to be observed," Galipolo said at an event sponsored by the communication group "VB Comunicação" in Belo Horizonte.

Keep reading...Show less
151 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.

MNI (BRASILIA) - Brazil's central bank deputy governor for monetary policy, Gabriel Galipolo, said Monday it would be a mistake to try to anticipate what the monetary policy committee (Copom) will do at its next meeting based on any single variable, as the board is data-dependent. 

"I want to reaffirm that we are four weeks away from the next Copom meeting, and we still have a series of data that need to be observed," Galipolo said at an event sponsored by the communication group "VB Comunicação" in Belo Horizonte.

Keep reading...Show less