One of the achievements of the current Brazilian government is the substantial and firm inflation decrease that started in 2016, especially since the middle of the year, when the rate became below the inflation target ceiling and, currently, is below the center of the scale. Would agribusiness have something to do with this scenario?
A macroeconomic approach points to the interest rate as a tool to control the inflation rate through its effects on the economic activities (GDP and employment). However, two relevant factors are beyond the range of interest rate, mainly in the case of the monetary policy in Brazil
Fonte: CEPEA
