Reported 4 months ago
Brazil's central bank chief, Roberto Campos Neto, mentioned at an event that policymakers believe inflation expectations should stabilize and improve over time. Private economists raised their inflation projections for 2025 and 2026, with concerns about deviations from the official target. Campos Neto highlighted uncertainties affecting expectations and emphasized the need for time to show that decisions are technical, mentioning recent discussions about budget deindexation and the importance of communication regarding rate decisions.
Source: YAHOO