Tag: Carlos Viama

• Thursday, September 29th 2016 - 11:23 UTC

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

  

  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.