Brazil's cenbank has to make sure inflation expectations are within targets -governor

Kitco Media
By Reuters
Published:
Updated:
Reuters
BRASILIA, April 25 (Reuters) - Brazil's central bank Governor Roberto Campos Neto said on Tuesday that policymakers need to make sure that inflation expectations are within the official targets, noting that expectations have been worsening for more than 14 weeks now. Speaking at a Senate Economic Affairs Committee hearing, he said the central bank adopts a "very technical position" and looks at current inflation, the country's ability to grow without generating inflation and inflation expectations to set interest rates.
(Reporting by Marcela Ayres; Editing by Andrew Heavens)

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