US EditionBrazil central bank chief vows flexibility, caution ahead of rate decision
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Brazil central bank chief vows flexibility, caution ahead of rate decision
GUARUJA, Brazil (Reuters) -Brazil’s central bank will head to its next interest rate-setting meeting later this month with its options open and a data-driven approach, governor Gabriel Galipolo said on Saturday. “‘Flexibility’ and ‘caution’ are our two key words,” Galipolo told an event hosted by Esfera Brasil. “And flexibility means that we will enter our next meeting with our options open, digesting the data.” Policymakers at the bank gather a…
The President of the Central Bank (BC), Gabriel Galípolo, confirmed on this Saturday (7) that the monetary authority is “very dissatisfied” with the fact that inflation is out of the target of 3%. He also reiterated the commitment to pursue the inflation objective in an obstinuated way, although it has once again been prevented from giving evidence both on the next decision of the Monetary Policy Committee (COPOM) and on the time when juries wil…
The president of the Central Bank said that in the face of uncertainty, the best thing to do is to decide how to react to the scenarios
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