BRASILIA, 25 Abr. (Reuters) - The president of Brazil, Dilma Rousseff, has confessed on Monday he was "very worried" about inflation, which almost reaches the top of the official target range for this year and said the government will act to prevent that prices continue to rise. "We are extremely worried about inflation and there is no situation under which the government lower its guard when it comes to controlling inflation," said Rousseff told reporters in Brasilia.
Brazil's inflation reached 6.44 percent, according to official measurements for mid-April. The range of the inflation target the central bank is 4.5 percent with a tolerance of plus or minus two percentage points. The Monetary Policy Committee (Copom) Central Bank Wednesday raised the benchmark interest rate, Selic, to 12 percent from 11.75 percent, up less than that predicted most economists, an effort to reduce price growth. 
Brazil's inflation reached 6.44 percent, according to official measurements for mid-April. The range of the inflation target the central bank is 4.5 percent with a tolerance of plus or minus two percentage points. The Monetary Policy Committee (Copom) Central Bank Wednesday raised the benchmark interest rate, Selic, to 12 percent from 11.75 percent, up less than that predicted most economists, an effort to reduce price growth.
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