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Brazil Flash: ”CB signals more clearly the easing cycle is near the end”

Published on Wednesday, August 29, 2012

Brazil Flash: ”CB signals more clearly the easing cycle is near the end”

The SELIC rate was cut by 50bps to 7.50%, in line with expectations. We now expect a final 25bps cut –and not a 50bps anymore- to be announced in October.

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