Inauguration speech by Brazil's central bank head

SPEECH - In the inauguration speech Henrique Meirelles of the Brazilian Central Bank pledged strict inflation control but said it may take longer than expected to meet current targets. He cautioned that there was no room for an imminent reduction of interest rates from the current 25 per cent.

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Transcript of the inauguration speech of the new Governor of the Brazilian Central Bank, Mr. Henrique de Campos

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