Brazilian policy-makers concerned about inflation outlook
Members of the Central Bank of Brazil's monetary policy committee are concerned inflation expectations for 2017 are above the bank's 4.5% target, minutes from the latest meeting revealed.
The board, led by governor Ilan Goldfajn, voted at its August meeting to keep interest rates on hold at 14.25% for the ninth consecutive month.
"All of the members of the board showed satisfaction in the disinflation outlook for the Brazilian economy in a relevant horizon for monetary policy," the minutes said
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