Official Suggests Brazil Central Bank Is in No Rush to Start Easing, Notes SocGen

BY MT Newswires | ECONOMIC | 08/21/25 11:06 AM EDT

11:06 AM EDT, 08/21/2025 (MT Newswires) -- Brazil central bank monetary policy director Diogo Guillen reiterated his relatively hawkish stance, stating that recent slightly below-forecast inflation readings do not alter the BCB's assessment that both headline inflation and inflation expectations remain above target, said Societe Generale.

Guillen suggested that the BCB is in no rush to start easing and wants to ensure the Selic rate is appropriate to bring inflation back to target, wrote the bank in a note to clients.

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