Short-term market moves must not spook Brazil central bank, director says

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Sidney Crosby & Drake Batherson NS Showdown #hockey #halifax #sports #penguins #ottawaSAO PAULO - Brazil's central bank director Gabriel Galipolo said on Wednesday that the monetary authority should not get spooked with"short-term" market fluctuations and will need time to understand how recent moves affect its mandates.

Yet, he called at an event in Sao Paulo for"parsimony and serenity" as policymakers react to those moves.

 

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