Goldfajn Reinforces Pledge to Bring Brazil’s Inflation to Target

  • Central bank chief made 1st public speech since August meeting
  • Said 4.5 percent inflation goal is ‘ambitious but realistic’

Brazil’s inflation rate will converge toward the official target of 4.5 percent next year, as the government makes progress in its efforts to shore up fiscal accounts, central bank president Ilan Goldfajn said on Tuesday.

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