Pace of Brazil's monetary easing could increase, minutes show
Copom says economic performance and level of structural interest rate will dictate pace
Brazil's monetary policy committee (Copom) discussed the possibility of "frontloading" its monetary easing cycle and "accelerating" the pace of rate cuts depending on inflation expectations, according to minutes from its latest policy meeting.
The speed of rate cuts, the Copom said, and the extension of the monetary loosening cycle would be contingent on estimates of the structural interest rate, as well as the "evolution" of economic activity.
A change in government economic policy along with
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