Brazil central bank chief says inflation slower than expected

SAO PAULO: Ilan Goldfajn, chief of Brazil's central bank, said on Monday that inflation was slower than expected, but a decision on whether to continue cutting interest rates will only come at the next meeting of the bank's monetary policy committee later this month.

Goldfajn said in a morning radio interview he has not been tapped to replace Henrique Meirelles as finance minister if the incumbent leaves his post to run in the October elections.