Brazil c bank unlikely to change inflation target

Brazil's central bank has said it would only change its inflation target for 2003 if an increase in regulated prices surpassed its forecast of a jump of 14 percent.

In the minutes of last week's meeting of its Monetary Policy Committee (Copom), the bank also said that if it had left its benchmark interest rate unchanged at 25 percent, consumer inflation would have ended the year slightly higher than its target of 8.5 percent.

In its first meeting under new bank chief Henrique Meirelles, the

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: