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Brazil’s Inflation at Comfortable Level Says Monetary Council

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Brazil,Brazil's Monetary Policy Committee (COPOM) decided to keep benchmark interest rates the same in February

By Lise Alves, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – Inflation is at an ‘appropriate and comfortable’ level says Brazil’s Monetary Policy Committee (Copom), which last week decided to keep the country’s benchmark interest rate, the Selic, at 6.5 percent per year, a historical minimum. “Everyone agreed that the current environment recommends maintaining greater […]

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