MercoPress, en Español

Montevideo, June 2nd 2023 - 01:06 UTC



Brazil central bank sees annual inflation targets within arm's reach

Thursday, September 29th 2016 - 11:23 UTC
Full article 4 comments

Brazil's central bank expects annual inflation to ease below the government's 4.5% target in 2017 after years of hovering well above that goal, leaving the door open for cutting some of the world's highest interest rates as early as October. The bank also held its estimate for an economic contraction of 3.1% in 2016, but it expects the economy to grow 1.3% in 2017. Read full article


Disclaimer & comment rules

Commenting for this story is now closed.
If you have a Facebook account, become a fan and comment on our Facebook Page!