Analysis: Dollar will be crucial for Brazil’s Central Bank committee

RIO DE JANEIRO, BRAZIL – The evolution of the value of the dollar against the real in the coming days, which opened today’s trading session under pressure, will be fundamental to the inflation forecasts that will support the decision of the Central Bank’s Monetary Policy Committee (Copom) next week.

As happened early last week, a lower dollar could help the central bank present an inflation forecast that is less far from the 2023 target, reducing pressure for more monetary tightening.

However, the dollar rose sharply on Friday after Federal Reserve Chairman Jerome Powell signaled that a 0.5 percentage . . .

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