New decree changes Brazil’s inflation target system

The Luiz Inácio Lula da Silva administration finally published a decree establishing a continuous time frame for inflation targets. The change had been telegraphed a year ago by the National Monetary Council (CMN), which is responsible for defining the country’s annual targets. Starting in 2025, the current calendar year format will be replaced by a
The post New decree changes Brazil’s inflation target system appeared first on The Brazilian Report.