Brazil’s BCB Seems More Confident on Inflation Slowdown: Kawall
(Bloomberg) -- (Translated by Google and reviewed by Bloomberg editors.)
- Carlos Kawall, chief economist at Banco Safra, speaks in a telephone interview about the Copom decision. Read other sections below:
- Cut was within the expected; Has not changed much on the issue of economic activity
- In the external scenario, BCB added more uncertainty, in relation to global growth and outlook for commodity prices
- Best bet for BCB today is to make another 1ppt cut at the next May meeting
- It seems that pace is adequate
- NOTE: Brazil Cuts Key Rate by Most Since 2009 to Revive Economy
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People Carlos Kawall Leal Ferreira (Banco Safra SA)
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