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Brazil Central Bank Signals Extended High-Interest Period Despite Fifth Consecutive Rate Cut

Brazil’s central bank cut its benchmark Selic rate to 13.75% but stressed the need to remain 'adequately restrictive' due to high inflation risks.

By Marcus Wright

Published
Brazil Central Bank Signals Extended High-Interest Period Despite Fifth Consecutive Rate Cut
Illustration — BRZ.news

Brazil’s central bank cut its benchmark Selic rate to 13.75% but stressed the need to remain 'adequately restrictive' due to high inflation risks.

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