November 11, 2016 / 3:32 PM / a year ago

Brazil's inflation goal compatible with lower rates -Goldfajn

BRASILIA, Nov 11 (Reuters) - Inflation in Brazil could move back toward the official target over the next two years as the central bank pursues a gradual and moderate cycle of lower interest rates, central bank chief Ilan Goldfajn said in comments released on Friday.

In remarks for a central bankers’ event in Santiago, Goldfajn said recent inflation figures have been more favorable than expected and inflation expectations for 2017 and 2018 have eased. (Reporting by Alonso Soto; Editing by Bernadette Baum)

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