Wednesday, September 12, 2012

Reuters: US Dollar Report: Brazil inflation under control, output recovering - Tombini

Reuters: US Dollar Report
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Brazil inflation under control, output recovering - Tombini
Sep 12th 2012, 14:58

BRASILIA, Sept 12 | Wed Sep 12, 2012 10:58am EDT

BRASILIA, Sept 12 (Reuters) - Brazil's central bank chief Alexandre Tombini said on Wednesday that inflation is under control and the Brazilian economy is gradually recovering with industrial output showing sign of speeding up.

Tombini told a Senate committee hearing that recent measures to stimulate the economy will help contain price pressures in the medium term and bring about more vigorous and sustainable growth.

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