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Brazil central bank signals another steep interest rate hike

Inflation expected to stay above 4.5 per cent for the next two years

Brasilia

BRAZIL'S central bank sees inflation remaining above 4.5 per cent - the midpoint of its target range - for the next two years, hinting it could keep the aggressive pace of interest rate hikes to ease price increases in the future.

In its quarterly inflation report released

sentifi.com

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