Brazil will control inflation earlier than rich countries – Economy Minister Guedes

Paulo Guedes also attributed to politics the noises that involve the management of public spending in Brazil. He denied that the government has lost control over spending and asked for attention to signals instead of noise.

RIO DE JANEIRO, BRAZIL - The Central Bank acted fast, and Brazil will control inflation earlier than advanced countries, said yesterday the Minister of Economy, Paulo Guedes, in the Invest in Brazil event, held by Apex Brasil.

He stated that the country is prepared to do the fight from the institutional point of view. On the other hand, he acknowledged that the tax reform should no longer advance in Congress. "I don't know if it will move forward. I don't think so. It's politics," he justified, without giving more details.

He also attributed to politics the noises that . . .

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