LatinNews Regional Monitor: Brazil & Southern Cone - 25 September 2019

* The monetary policy committee (Copom) of Brazil’s central bank (BCB) has released the minutes from its latest meeting, in which it agrees that the process of economic recovery in the country has resumed and will continue, albeit at a gradual pace. Copom notes that following higher-than-expected growth in Q2, GDP will grow slightly in Q3, and that some acceleration will be felt from Q4. The committee insists that “the continuity of reforms and perseverance in the necessary adjustments in the Brazilian economy are essential for the reduction of its structural interest rate, for the full operation of monetary policy, and for sustainable economic recovery”.

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