Fraga - Single digit real interest rates feasible

BRAZIL - Central Bank Chairman Arminio Fraga said it is feasible for the next administration to achieve single-digit real interest rates, official news agency Agencia Brasil reported.

Fraga added however that for interest rates to reach this level, the next government will have to comply with the law on fiscal responsibility, markets must remain stable and inflation must continue its downward trend.

He said that the central bank's monetary policy committee - which meets later today and tomorrow -

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.