Joao Pessoa


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Brazil Central Bank Said to Take Needed Steps to Meet 2012 Goal

April 4th, 2011

By Andre Soliani

April 4 (Bloomberg) — Brazil’s central bank will take the necessary steps to ensure inflation will slow to its 4.5 percent central target over the course of 2012, a government official familiar with monetary policy strategy said.

Policy makers in Latin America’s biggest economy will also attempt to bring 2011 inflation as close as possible to the midpoint of its target, said the official, who asked not to be named because he isn’t authorized to discuss the issues publicly. (Read more)