UPDATE 1-Brazil cenbank rules out aggressive QE, says bond buying will be like FX intervention
Brazil’s central bank
president Roberto Campos Neto on Monday poured cold water on the
prospect of widespread bond buying to help cushion the economy
from the coronavirus crisis, saying any action will be similar
to its foreign exchange intervention in times of acute market
stress.
president Roberto Campos Neto on Monday poured cold water on the
prospect of widespread bond buying to help cushion the economy
from the coronavirus crisis, saying any action will be similar
to its foreign exchange intervention in times of acute market
stress.
Posted by Reuters
