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Strong Brazil Job Creation in August Heightens Caution for Central Bank Rate Cuts

Brazil's formal labor market added a net 165,827 jobs in August, complicating the central bank's effort to lower the benchmark Selic rate.

By Marcus Wright

Published
Strong Brazil Job Creation in August Heightens Caution for Central Bank Rate Cuts
Illustration — BRZ.news

Brazil's formal labor market added a net 165,827 jobs in August, complicating the central bank's effort to lower the benchmark Selic rate.

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