Brazil Central Bank Gov Tombini: Domestic economy is gradually recovering; consumption to expand slower compared to prior years - comments from Brazil Senate
- US economy is recovering while other facing headwinds- Faster global growth coupled with weaker BRL currency (Real) should help exports
- Brazil unemployment is at low levels
- Foreign Direct Investment (FDI) continues to flow at significant rate; external sector has more favorable outlook in 2015
- Working to bring CPI back to 4.5% target; 12-month inflation tends to remain elevated