May 9, 2020 / 9:01 PM / 3 months ago

Brazil's central bank to shower economy with money in case of depression -economy minister

SAO PAULO, May 9 (Reuters) - Brazil's Economy Minister Paulo Guedes on Saturday said the country's central bank is likely to shower the economy with money in case of an economic depression.

Still, Guedes said in a live online event hosted by Itau Unibanco Holding SA that he sees Latin America's biggest economy posting a "V-shaped" recovery, as its vital signs are preserved so far.

Reporting by Carolina Mandl Editing by Chris Reese

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below