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In Brazil the Selic was left unchanged; the statement was in line with a pause until at least the end of the year

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Published on Thursday, September 4, 2014

In Brazil the Selic was left unchanged; the statement was in line with a pause until at least the end of the year

As expected in Chile, the MP Report revealed another downward revision to the 2014 GDP growth rate and the inflation expectations revised slightly upwards. In this context we expect further monetary stimulus as soon as at the September meeting.