The Central Bank’s director of economic policy, Diogo Guillen, said on Thursday that the monetary authority is not extending the deadline for reaching the inflation target and that there is a viable trajectory to meet the objective within the relevant horizon of the municipality.
Guillen emphasized that inflation is resilient and that BC projections for prices at longer periods are above the goal. According to him, the BC only expects to fall from the accumulated price indicators in 12 months from the fourth quarter of this year.
