Matthew Bristow – Bloomberg, 03/11/2012
Gustavo Loyola. Image: Dialogos Universitarios
Former Brazil central bank President Gustavo Loyola said the 0.75 percentage point interest rate cut this month could cause a “headache” for the country, with an overheated economy and accelerating inflation toward the end of the year, O Estado de Sao Paulo reported, citing an interview.
Loyola was head of the central bank in 1992-1993 and from 1995 to 1997.
Brazil Portal 
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