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Campos Neto says Brazil’s economy recovering quickly – Metro US

Campos Neto says Brazil’s economy recovering quickly

Brazil’s Central Bank President Roberto Campos Neto speaks near Brazil’s
Brazil’s Central Bank President Roberto Campos Neto speaks near Brazil’s Economy Minister Paulo Guedes while leaving Alvorada Palace in Brasilia

BRASILIA (Reuters) – Brazilian Central Bank President Roberto Campos Neto said on Monday that the nation’s economy appears to be recovering quickly from the downturn caused by the novel coronavirus, a sentiment he has expressed repeatedly in recent days.

“We have, for example, income, traffic and energy consumption data,” he said in an interview with Record TV. “This information supports the idea that the worst is already behind us and we are going to have growth.”

(Reporting by Marcela Ayres and Gabriel Ponte in Brasilia; Writing by Gram Slattery; Editing by Sandra Maler)

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