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Brazil’s Central Bank president recognizes accelerated inflation and speaks of difficult work

RIO DE JANEIRO, BRAZIL - The president of the Central Bank, Roberto Campos Neto, acknowledged Tuesday, 16, that inflation accelerated and had a quantitative and qualitative worsening in all aspects and, therefore, stressed that the work of the Central Bank is difficult.

"It is important to be realistic and understand how widespread inflation is and how difficult the work of the Central Bank will be," he said, participating in a panel at the IX Legal Forum of Lisbon, in the Portuguese capital, organized by the University of Lisbon, the Brazilian Institute of Education, Development and Research (IDP) and the Getulio Vargas . . .

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