USD/BRL: Real weakness could hasten if government tries to influence monetary policy – Commerzbank USDBRL Brazil Banks
zilian government and the central bank is getting closer. Economists at Commerzbank analyze its implication for the USD/BRL pair. “In June, the planning minister, finance minister and central bank governor will meet to set the inflation target for 2026. BCB governor Campos Neto has recently repeatedly warned against changes, stressing that they would not widen the current scope for rate cuts.”
“However, if discussions about inflation targeting leave even the slightest doubt that the government is trying to influenceInformation on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions.
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