HALISTER1: Brazil’s BCB Seems More Confident on Inflation Slowdown: Kawall

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

Alert: HALISTER1
Source: BFW (Bloomberg First Word)

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Carlos Kawall Leal Ferreira (Banco Safra SA)

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