Brazil eyeing to ease hot consumer demand-official

Newswire

BRASILIA, March 23 (Reuters) - The Brazilian government is studying measures to gradually reduce strong consumer demand in some sectors of the economy and thereby ease inflationary pressure, a government official and media reports said at the weekend. The idea is to prevent overheating in sectors such as automobiles and steel and thereby reduce the need for the central bank to tighten monetary policy. "We want to grow without inflation but also without a medicine so strong it would ...

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