February 28, 2024 13:22 GMT
MNI BRIEF:Work Still To Be Done In Last Mile-BCB's Campos Neto
(MNI) BRASILIA
SAO PAULO
Brazil's central bank governor says that inflation penalizes the poor and stresses that financial inclusion and stability are priorities.
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Central Bank of Brazil Governor Roberto Campos Neto, said Wednesday that there's still "work to be done in the last mile" of inflation control and stressed that risks to the outlook persist.
"There is still work to be done in the last mile, and there are still risks remaining," he said at the G20 finance ministers and central bank governor meeting in Sao Paulo.
Campos Neto noted that inflation penalizes poor people and added that financial inclusion and stability are priorities for the BCB. (See MNI INTERVIEW: BCB Likely To Keep Cuts Guidance -Schwartsman)
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