巴西通胀放缓但仍超目标 央行维持高利率遏制物价

Core Insights - Brazil's annual inflation rate has slowed but remains above target levels, prompting the central bank to maintain high interest rates to control price pressures [1] Inflation Data - The official data shows that consumer prices increased by 5.4% year-on-year, which is lower than all analyst expectations (median forecast was 5.49%) [1] - The month-on-month inflation rate was recorded at 0.36%, also below all forecasts [1] Monetary Policy - Since September of the previous year, Brazilian policymakers have raised borrowing costs by 4.25 percentage points due to inflation expectations exceeding the target of 3% [1] - Investors are closely monitoring signals that may indicate whether there will be another interest rate hike in the upcoming June meeting [1] Economic Context - Despite a strong domestic economy, the recent increase in financial transaction taxes is expected to further tighten market conditions [1]