- Comments from the BCB Campos Neto have been hitting the wires, with the central bank governor saying that the country’s fiscal issues have to be addressed and that the government has the ability to create a positive fiscal shock.
- Campos Neto also said that the country is not in the process of fiscal dominance as he noted that fiscal policy is relevant to explaining the central bank’s actions. His comments at an event came after local media reported that President Lula may announce the spending cut plan this Thursday.
- “*CAMPOS NETO: MARKETS ARE ANXIOUS FOR POSITIVE FISCAL SHOCK” – BBG
- “*CAMPOS NETO: TIME IS RELEVANT TO CORRECT OUR FISCAL POLICY”
- “*CAMPOS NETO: WE HAVE MANY TOOLS TO CORRECT OUR FISCAL POLICY”
BRAZIL: BCB’s Campos Neto Says Not In A Process Of Fiscal Dominance
Last updated at:Nov-18 16:39By: Keith Gyles
Brazil
- Comments from the BCB Campos Neto have been hitting the wires, with the central bank governor saying that the country’s fiscal issues have to be addressed and that the government has the ability to create a positive fiscal shock.
- Campos Neto also said that the country is not in the process of fiscal dominance as he noted that fiscal policy is relevant to explaining the central bank’s actions. His comments at an event came after local media reported that President Lula may announce the spending cut plan this Thursday.
- “*CAMPOS NETO: MARKETS ARE ANXIOUS FOR POSITIVE FISCAL SHOCK” – BBG
- “*CAMPOS NETO: TIME IS RELEVANT TO CORRECT OUR FISCAL POLICY”
- “*CAMPOS NETO: WE HAVE MANY TOOLS TO CORRECT OUR FISCAL POLICY”
