President of the municipality kept the line of Copom messages, with the indication of another interest rate in the magnitude of 1 percentage point for March
The president of the Central Bank, stressed that the institution is equipped with mechanisms that allow the rate to put the rate at a more restrictive level. In a seminar on Brazilian monetary policy, promoted by the Institute of Economic Policy Studies/Casa das Garças (IEPE/CDG), he mentioned the possibility of an increase of 1 percentage point in the rate in March, although he did not comment on expectations for May.
Galipole emphasized the relevance of keeping him within the limits of his monetary authority, especially in relation to the country’s fiscal context, “BC cannot cross line and transcend the square of the monetary authority.”
*Report produced with the aid of AI
Posted by Luisa Dos Santos
