SAO PAULO, April 10 (Reuters) - Brazil's government
expects monetary policy next year not to be as restrictive as in
2023, an economy ministry official said on Monday, stressing
that a new fiscal framework proposed by the administration would
help bring interest rates down.
Economic Policy Secretary Guilherme Mello noted that central
bank chief Roberto Campos Neto had praised the proposed
framework, despite him saying the new fiscal rules would not
mechanically affect interest rates.
"From the moment the monetary authority recognizes the
quality of the fiscal framework, the prospect of monetary easing
emerges," Mello said in an interview with Globo News.
(Reporting by Eduardo Simoes; editing by Steven Grattan)
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