The targeting system will transition to a continuous regime with a longer-term perspective in 2025, said Finance Minister Fernando Haddad and Planning Minister Simone Tebet.
For 2023 and 2024, the inflation goals were kept at 2.25 and three percent respectively, with the same tolarance margin.
At the last meeting of the year, the National Monetary Council defined the global volume for contracting internal credit operations by local governments.
In November, the IPCA was 0.95%, closing at the highest level for the month since 2015 (1.01%) and accumulating an increase of 10.74% in 12 months. In the year, until November, inflation is 9.26%.