Brazil c.bank sees recovery complicated by U.S., Europe

Published 11/29/2010, 09:44 PM
Updated 11/29/2010, 09:48 PM

HONG KONG, Nov 30 (Reuters) - Brazil, Latin America's largest economy, expects a more complicated recovery due to uncertainties in the U.S. and European economies, the country's deputy central bank governor Luiz Awazu Pereira da Silva said on Tuesday.

Speaking at a conference in Hong Kong, he said Brazil's incoming government would maintain macro policies from the previous administration and keep inflation in check to prevent excessive credit growth. (Reporting by James Pomfret; Editing by Chris Lewis)

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