Brazil’s Central Bank focused on inflation below 4% in 2023

Bank officials have said they expect their rate hikes to substantially affect the economy starting in the second half of this year.

RIO DE JANEIRO, BRAZIL - The president of Brazil's Central Bank, Roberto Campos Neto, said monetary policymakers are aiming for inflation below 4% in 2023 to bring it toward their 3.25% target.

"For us, around the target means less than 4%," he said at an . . .

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