Brazil's Padilha denies knowledge of plan to change inflation goals

Kitco Media
By Reuters
Published:
Updated:
Reuters
BRASILIA, Feb 9 (Reuters) - Brazilian Institutional Relations Minister Alexandre Padilha said on Thursday he is unaware of any discussion regarding changes in the country's inflation goals.


Earlier, Brazilian news website Metropoles and Bloomberg reported that the country was mulling an early review of its inflation targets to raise them, following criticism from President Luiz Inacio Lula da Silva that the current interest rate level was too high and that the country should pursue its own inflation pattern rather than a European one.
(Reporting by Ricardo Brito)

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