21-May-2026
Economy News
 
Brazil Central Bank Flags Concern Over Long-Term Inflation Expectations Drift
20-May-2026

Brazil's central bank monetary policy director Nilton David said on Tuesday the bank is troubled by inflation expectations drifting further from its 3% target - particularly for 2028, a horizon expected to be less sensitive to current shocks. Speaking at an event hosted by Santander, David said the economy is no longer growing above potential, and policymakers will keep monetary policy in restrictive territory until they are confident inflation is converging to the goal.

News Source:- https://money.usnews.com/investing/news/articles/2026-05-19/brazil-central-bank-flags-concern-over-long-term-inflation-expectations-drift