# Brazil central bank watching FX, commodities impact on inflation | 1330 & 101.5 WHBL

> Brazilian central bank director Fabio Kanczuk said short-term asset rebounds would not change monetary policy. He added that policymakers are watching how the exchange rate and commodity prices feed into inflation expectations. The real had rallied about 20% from its May low near 6.00 per dollar.

- Date: 2020-06-09 · published 2020-06-09T12:00:00.000Z
- Category: macro · region Brazil · magnitude low
- Page: https://feedsoft.ai/events/52815-brazil-central-bank-watching-fx-commodities-impact-on-inflation-1330-and-101-5
- Commodities: [Brazilian Real (BRL per USD)](https://feedsoft.ai/c/USDBRL.md)

## Why it matters

Policy focus on currency and commodity-driven inflation signals how rates and the real may move, which matters for Brazilian export pricing of grains and meals.

## Read by commodity

- USDBRL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDBRL | 2022-09-26 | [Brazil makes first FX intervention of the year - Central Banking](https://feedsoft.ai/events/39790-brazil-makes-first-fx-intervention-of-the-year-central-banking.md) | +3.1% | +0.8% |
| USDBRL | 2025-02-03 | [Trump's tariffs raise fears Brazil's central bank is out of step on inflation](https://feedsoft.ai/events/26256-trump-s-tariffs-raise-fears-brazil-s-central-bank-is-out-of-step-on-inflation.md) | -0.9% | +0.8% |
| USDBRL | 2021-03-12 | [FX Daily: Brazilian central bank’s line in the sand \| ING THINK](https://feedsoft.ai/events/48310-fx-daily-brazilian-central-bank-s-line-in-the-sand-ing-think.md) | -0.3% | +0.4% |
| USDBRL | 2023-02-08 | [Brazil central bank autonomy becomes political punching bag for Lula](https://feedsoft.ai/events/37530-brazil-central-bank-autonomy-becomes-political-punching-bag-for-lula.md) | -0.3% | -1.2% |
| USDBRL | 2023-09-26 | [Brazil inflation accelerates as cenbank reiterates rate cut pace](https://feedsoft.ai/events/34321-brazil-inflation-accelerates-as-cenbank-reiterates-rate-cut-pace.md) | +2.3% | +0.7% |

## Sources

- whbl.com: https://whbl.com/2020/06/09/brazil-central-bank-watching-fx-commodities-impact-on-inflation/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.