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MercoPress, en Español

Montevideo, April 30th 2024 - 23:19 UTC

Tag: Altamir Lopes

  • Friday, November 6th 2015 - 09:26 UTC

    Brazil central bank moves 4.5% inflation target timeframe to 2017

    “The central bank will adopt necessary measures to fulfill our inflation-targeting objectives and bring inflation to the 4.5% target in 2017,” Lopes said

    The Brazilian central bank will take the necessary measures to bring inflation back to the 4.5% target in 2017, bank director Altamir Lopes, said on Thursday. It is the first time the bank has given a timeframe for reaching the center of its official target range after it dropped its outlook to meet this goal late 2016 due to a weaker Brazilian currency.