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Brazil's central bank sees inflation still missing target in early 2028
Yahoo Finance·2025-09-25 12:01

SAO PAULO (Reuters) -Brazil's central bank projected on Thursday that inflation will hover near the official goal in the first quarter of 2028, but still fail to meet it, according to the bank's latest quarterly monetary policy report. After projecting earlier this month annual inflation at 3.4% for the first quarter of 2027, the relevant horizon for policy decisions, policymakers unveiled a 3.1% forecast for the first quarter of 2028, the final period covered by the report. The bank targets inflation ...