Brazil's April inflation rate slowed to 0.21%, annual inflation at 3.77%, but policymakers remain concerned and plan to lower borrowing costs further.
Brazil's inflation rate slowed to 0.21% in the first two weeks of April, lower than expected, with annual inflation at 3.77%. Despite this, policymakers remain concerned about lingering price pressures and have plans to continue lowering borrowing costs. The central bank is trying to balance its efforts to cool the economy while managing inflationary pressures stemming from the Middle East and domestic growth.
April 26, 2024
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