Brazil's central bank is discussing frost impacts on short-term inflation, says Campos Neto By Reuters

Brazil's central bank is discussing frost impacts on short-term inflation, says Campos Neto

Economy May 18, 2022 09:54AM ET

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Brazil's central bank is discussing frost impacts on short-term inflation, says Campos Neto

© Reuters. FILE PHOTO: Brazil's Central Bank President Roberto Campos Neto looks on during a ceremony to announce the installation of Wi-Fi Internet in public schools in the country at the Planalto Palace in Brasilia, Brazil April 12, 2022. REUTERS/Adriano Machado

BRASILIA (Reuters) - Brazil's central bank chief Roberto Campos Neto said on Wednesday that policymakers are currently discussing the impacts on short-term inflation of expected frosts in the country, stressing that recent changes in weather have negatively affected consumer prices.

Speaking at a conference about the global carbon market, he also said that carbon tax is justifiable in some cases, but the central bank believes in market prices.

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