The Brazilian Central Bank's Director of Monetary Policy, Bruno Serra Fernandes, said that official Brazilian inflation should approach the target value in the first or second quarter of 2023.
He said that the "post-pandemic" period had been affected by the consequences of the government's response to the health crisis. "As it stands, it's going to be a while," he said.
Bruno Serra Fernandes participated in the 2022 Investment Strategies Forum, organized by Bradesco Asset Management.
Bruno Serra Fernandes explained that at the peak of 2020, the real had depreciated by 30% against other currencies, putting pressure . . .
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