Reported about 1 month ago
Roberto Campos Neto, Brazil's central bank chief, stated that the U.S. election is impacting long-term interest rates due to inflationary concerns. He noted that market expectations are influenced by the potential victory of Republican Donald Trump, which raises apprehensions about inflation despite Brazil's government recently announcing lower energy tariffs. Campos Neto emphasized that positive fiscal developments are needed to address rising risk premiums and reiterated the central bank's commitment to its inflation target, with a policy meeting scheduled soon.
Source: YAHOO