Skip to content
Subscriber Only

Silva Would Shoot for 3% Inflation as Brazil’s President

Presidential candidate Marina Silva would work to slow Brazil’s inflation by more than half during her four-year term if elected in October, said Maria Alice Setubal, an aide responsible for drafting her platform.

Silva, who replaced Eduardo Campos as presidential candidate for the Brazilian Socialist Party after he died in a plane crash, plans to cut consumer price increases to 3 percent by the end of 2018, Neca Setubal, as the aide is known in Brazil, said in a phone interview. She said Silva would shoot for the government’s 4.5 percent inflation target from the start and would support central bank autonomy to set monetary policy.