SAO PAULO, Feb 9 (Reuters) - Latin American stocks slipped in early trading on Wednesday as investors fretted that rising consumer prices around the world could prompt governments to brake economic growth to contain inflation.
The MSCI Latin American stocks index .MILA00000PUS dipped 0.41 percent, following a two-day rally.
Showing posts with label Economic of Brazil. Show all posts
Showing posts with label Economic of Brazil. Show all posts
Wednesday, February 9, 2011
Monday, October 25, 2010
Brazil May Take More Currency Measures If Needed, Anthero Meirelles Says
Brazil may adopt additional measures to curb foreign capital inflows if steps already taken aren’t effective, central bank Director Anthero Meirelles said.
“Other measures may be taken, but first we need to carefully observe what happens,” Meirelles said in an interview while attending a Uruguayan central bank event in Montevideo.
“It’s difficult to announce in advance another measure because the process is very dynamic,” said Meirelles. “We need to observe the result of the measures already taken and watch the evolution of the global discussion over the current moment of great liquidity and large international capital flows.”
Meirelles, the director of administration at the central bank, said Brazil is “very optimistic” about steps taken by the Group of 20 over the weekend to produce stronger, more balanced global economic growth.
Source: www.bloomberg.com
“Other measures may be taken, but first we need to carefully observe what happens,” Meirelles said in an interview while attending a Uruguayan central bank event in Montevideo.
“It’s difficult to announce in advance another measure because the process is very dynamic,” said Meirelles. “We need to observe the result of the measures already taken and watch the evolution of the global discussion over the current moment of great liquidity and large international capital flows.”
Meirelles, the director of administration at the central bank, said Brazil is “very optimistic” about steps taken by the Group of 20 over the weekend to produce stronger, more balanced global economic growth.
Source: www.bloomberg.com
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