Washington – Brazilian Central Bank chair Ilan Goldfajn said this Friday (13) in Washington, DC that “there’s this perception that we might finally see a period of stability in Brazil, with low inflation and lower interest rates.” Goldfajn pointed to analysts’ forecasts that the national interest rate “will be subdued for a longer period.” “That doesn’t mean it will be stationary or cycle-free all the time,” he said.
Goldfajn spoke at the Brazil Economic Conference 2017, an event held by the Brazilian-American Chamber of Commerce.
*Translated by Gabriel Pomerancblum
