WASHINGTON, July 9 (Reuters) - Brazil's central bank ought not ease monetary policy any further because inflation is already too high, the International Monetary Fund said on Tuesday.
'(Brazil's) inflation is currently above the bend. At this point, to use additional monetary stimulus would in our view be wrong,' Thomas Helbling, the IMF's chief for its World Economic Studies division, told a news conference.
(Reporting by Anna Yukhananov; Editing by James Dalgleish) Keywords: BRAZIL/IMF URGENT)
(email@example.com)(+1-202-898-8329)(Reuters Messaging: firstname.lastname@example.org)
Copyright Thomson Reuters 2013. All rights reserved.
The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.