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

BRASILIA – 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.

(Reporting by Marcela Ayres)