BCB's Galipolo says supply shocks are posing a challenge, resulting in dissonance in official numbers

BCB's Galipolo highlights that supply shocks are complicating the interpretation of official economic figures, suggesting a divergence between data and real economic conditions. This could lead to a reassessment of monetary policy expectations, especially in relation to inflation and growth outlooks in Brazil. Traders should watch for potential implications on the BRL and the broader USD dynamics as markets digest this warning.