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Galípolo: 72.5% of Items that Make up Inflation Are Above the Target

Summary by Globo
According to the president of the Central Bank, price increases are widespread and are not limited to specific shocks.
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The President of the Central Bank, Gabriel Galípolo, admitted this Wednesday, 8 that official inflation will exceed the limit set for this year. The economist also reported that it will detail the reason for the failure to comply with Fazenda's minister, Fernando Haddad. + Read more about the economy in the West The result of the June inflation, planned to be announced on Friday 10th, is expected by the Brazilian Institute of Geography and Stati…

According to the president of the Central Bank, price increases are widespread and are not limited to specific shocks.

·Brazil
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Central Bank President Gabriel Galípolo said this Wednesday (July 9, 2025) that no one wants to lower interest rates just to have "high inflation." He reiterated his position that the monetary authority should aim for an IPCA (Broad National Consumer Price Index) rate of 3%. "No one wants to lower interest rates just to have high inflation. You want to live with an interest rate that can produce the same effect, from the standpoint of containing…

The President of the Central Bank, Gabriel Galpolo, said on this Thursday (9) that Brazil's official is quite widespread and that almost 60% of the items that are included in the index are the top of the target pursued by the institution or. Read more (07/09/2025)

·São Paulo, Brazil
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Folha de S.Paulo broke the news in São Paulo, Brazil on Wednesday, July 9, 2025.
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