Uncertainties led to monetary tightening, Central Bank director says
Monetary policy head Nilton David signals hawkish stance, arguing that scrutiny of all data sets is required to ensure convergence to 3% inflation target 10/17/2025 Economic uncertainty and unchecked inflation expectations prompted Brazil’s Central Bank to keep borrowing costs at a higher level than in previous cycles, said Nilton David, the monetary authority’s monetary policy head. […]
