Brazil's Central Bank warns long-term rates reflect currency credibility
Statements (3)
- Neutral
Gabriel Galípolo, president of the Central Bank, stated that long-term interest rates reflect credibility.
- Bearish
Brazil's Central Bank warned that a lack of confidence in the Brazilian economy could keep interest rates high for years
- Neutral
Brazil's Central Bank President Galípolo stated that long-term interest rates reflect the credibility of the currency