News

Central Bank chair expects steady interest rate

13 de outubro de 2017

Ilan Goldfajn said while speaking in Washington, DC that he believes inflation and interest rates will remain subdued in Brazil.

Washington – Brazilian Central Bank chair Ilan Goldfajn said this Friday (13) in Washington, DC that “there’s this perception that we might finally see a period of stability in Brazil, with low inflation and lower interest rates.” Goldfajn pointed to analysts’ forecasts that the national interest rate “will be subdued for a longer period.” “That doesn’t mean it will be stationary or cycle-free all the time,” he said.

Goldfajn spoke at the Brazil Economic Conference 2017, an event held by the Brazilian-American Chamber of Commerce.

*Translated by Gabriel Pomerancblum