• The BCB has published the minutes to its Sept 17-18 meeting here.
  • "The Committee considered that the start of the cycle should be gradual to, on the one hand, benefit from diligent data monitoring, especially in a context of uncertainties, both in external and domestic scenarios, but, on the other hand, allow the transmission mechanisms of monetary policy that will enable the convergence of inflation back to the target to begin operating. All members agreed to start the monetary policy tightening cycle gradually"
  • "In view of the uncertainties involved, the Committee preferred a communication that reinforced the importance of monitoring the scenarios over time, without giving any future indication of its next steps but insisting on its firm commitment to the convergence of inflation to the target."

BRAZIL: Central Bank Publishes Minutes Of September Meeting

Last updated at:Sep-24 11:09By: Keith Gyles
  • The BCB has published the minutes to its Sept 17-18 meeting here.
  • "The Committee considered that the start of the cycle should be gradual to, on the one hand, benefit from diligent data monitoring, especially in a context of uncertainties, both in external and domestic scenarios, but, on the other hand, allow the transmission mechanisms of monetary policy that will enable the convergence of inflation back to the target to begin operating. All members agreed to start the monetary policy tightening cycle gradually"
  • "In view of the uncertainties involved, the Committee preferred a communication that reinforced the importance of monitoring the scenarios over time, without giving any future indication of its next steps but insisting on its firm commitment to the convergence of inflation to the target."

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