Central Bank of Brazil will not be ‘complacent' with inflation, says governor

Alexandre Tombini was confirmed as governor by Brazilian president

tombini
Brazil's central bank governor, Alexandre Tombini

The Central Bank of Brazil "will not be complacent with inflation" governor Alexandre Tombini insisted yesterday - pointing to a recent interest rate hike as evidence of the institution's commitment.

Speaking yesterday at a press conference after his position as head of the central bank was confirmed by Brazilian president Dilma Rousseff, Tombini offered reassurances the central bank was working to keep the inflation, currently at 6.5%, "under control".

Following the depreciation of the real and

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