The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site. Please see our Subscription Terms and Conditions.

All material subject to strictly enforced copyright laws. © 2021 Euromoney, a part of the Euromoney Institutional Investor PLC.

LA market round-up: Brazil must ‘calibrate’ its inflation-target system

Luiz Eduardo Melin, international affairs chief of Brazil’s finance ministry, stated last month that, as there are no immediate concerns about inflation accelerating, Brazil must adjust its inflation targeting policy.

Brazil is near the bottom of it target range of 4.5%. Melin said: “We have to calibrate our inflation cares and the way we manifest that concern as we are heading to the bottom of the target.”

Brazil’s benchmark IPCA inflation index rose 3.3% in the 12 months ending October 31, the lowest rate since May 1999. Prices are expected to rise 4.1% in the next 12 months. The government will also meet its spending and debt reduction targets for 2006.

You have reached premium content. Please log in to continue reading.

Read beyond the headlines with Euromoney

For over 50 years, our readers have looked to Euromoney to stay informed about the issues that matter in the international banking and financial markets. Find out more about our different levels of access below.


Unlimited access to and

Expert comment, long reads and in-depth analysis interviews with senior finance professionals

Access the results of our market-leading annual surveys across core financial services

Access the results of our annual awards, including the world-renowned Awards for Excellence

Your print copy of Euromoney magazine delivered monthly

£73.75 per month

Billed Annually


Unlimited access to and, including our top stories, long reads, expert analysis, and the results of our annual surveys and awards

Sign up to any of our newsletters, curated by our editors


Already a user?

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree