Brazil central banker vows to aim at mid-point of inflation target range
SAO PAULO, June 13 (Reuters) - The goal of Brazil's central bank policymakers will be to maintain annual inflation at the mid-point of its target range, a policy that should help speed up the economy's recovery from the harshest recession on record, the bank's new president Ilan Goldfajn said.
The bank currently targets 4.5 percent inflation with a leeway of plus or minus two percentage points. Goldfajn, who spoke at his swearing-in ceremony in Brasilia, replaces Alexandre Tombini, who became central bank president in 2011. (Reporting by Brad Haynes,; writing by Guillermo Parra-Bernal, editing by G Crosse)
© Thomson Reuters 2017 All rights reserved.