Brazil's Economy Minister Paulo Guedes (right) speaks near Brazil's President Jair Bolsonaro and Brazil's Central Bank President Roberto Campos Neto. - filepic
SAO PAULO: 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 a depression due to the coronavirus pandemic.
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.
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