UPDATE 3-Itau's Goldfajn likely pick for Brazil central bank head -source

lunes 16 de mayo de 2016 17:38 GYT

(Adds timeline for pension reform, new BNDES chief)

By Alonso Soto

BRASILIA May 16 (Reuters) - Brazilian Finance Minister Henrique Meirelles will likely pick Itau Unibanco's chief economist, Ilan Goldfajn, to head the central bank in a bid to recover investors' confidence, an official familiar with the discussions told Reuters on Monday.

Meirelles, a former central bank chief, delayed the announcement of his economic team until Tuesday to give his picks more time to leave their jobs in the private sector, said the official who asked for anonymity to speak freely.

He will unveil his appointments, including the next central bank president, on Tuesday, according to the ministry's press office.

Meirelles' press office declined to comment on whether Goldfajn was his pick for the central bank. Goldfajn could not immediately be reached for comment.

Goldfajn, an MIT-trained economist widely respected on Wall Street, was the central bank's director of economic policy between 2000 and 2003.

In an opinion piece published by the local daily O Globo on April 5, Goldfajn warned against a hasty interest rate cut but acknowledged slowing inflation will allow the central bank to start easing monetary policy later this year.

Under the leadership of Alexandre Tombini the central bank has repeatedly missed its annual inflation targets, hurting the bank's inflation-fighting credentials and fueling speculation of political interference.   Continuación...