Brazil’s central bank chief says demand outpacing supply
Investing.com -- Brazil’s central bank governor Gabriel Galipolo said on Monday that demand in Latin America’s largest economy is growing faster than supply across several components, emphasizing the need to maintain interest rates at restrictive levels. Galipolo spoke at an event hosted by Santander Brasil, where he outlined indicators showing the economy is driven by strong demand.
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Investing.com -- Brazil’s central bank governor Gabriel Galipolo said on Monday that demand in Latin America’s largest economy is growing faster than supply across several components, emphasizing the need to maintain interest rates at restrictive levels. Galipolo spoke at an event hosted by Santander Brasil, where he outlined indicators showing the economy is driven by strong demand. He pointed to the country’s current account deficit and inflation for goods and services that cannot be imported from abroad as evidence. "When looking at monetary policy, the mandate is to rebalance supply and demand using rates," Galipolo said.
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- Investing.com -- Brazil’s central bank governor Gabriel Galipolo said on Monday that demand in Latin America’s largest economy is growing faster than supply across several components, emphasizing the need to maintain interest rates at restrictive levels. Galipolo spoke at an event hosted by Santander Brasil, where he outlined indicators showing the economy is driven by strong demand.
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Brazil’s central bank chief says demand outpacing supply
Sources1TypeCoverageInvesting.com · Economy