Gallípolo Defends Inflation Target Regime and Says Brazil Should Avoid Changing Adopted Model – Money Times

Globo

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The President of the Central Bank, Gabriel Galípolo, defended on Wednesday (11) that the framework of monetary policy ☆ must be preserved. It is very clear that the whole world today works with the ‘framework' that Brazil works from the point of view of monetary policy and this ‘framework' must be preserved both from the point of view of the goal as well as of the goal-system, said the leader. Exclusive material for subscribers. To have full acc…

O Cafezinho

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Selic follows 13.75% a year with inflation projected above the 3% center, and Gabriel Galípolo denied the existence of an official debate.

infomoney.com.br

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"I think there are environments that have little room for you to try to do experiments," he said.

moneytimes.com.br

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The president of the Central Bank, Gabriel Galípolo, defended the maintenance of the current regime of inflation goals in Brazil and stated that the country should avoid changes in a model widely used by other economies. Amid questions about the conduct of monetary policy –– in reference to the recent article by André Lara Resende [...]