CB uses macro-prudential tools to ease monetary conditions as concerns with domestic slowdown increase
Published on Sunday, November 13, 2011
CB uses macro-prudential tools to ease monetary conditions as concerns with domestic slowdown increase
The CB announced the reversal of some macro-prudential measures implemented at the end of 2010 to tight monetary conditions. The measures show that Brazilian policy makers are increasingly concerned with the moderation of domestic activity (GDP to grow only 0.2%q/q in Q3).
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