MNI BCB WATCH: Keeping 15.00% Rate For Longer Will Be Enough

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Nov-05 23:25By: Larissa Garcia
Brazil Central Bank+ 1

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The Central Bank of Brazil reiterated in its statement on Wednesday that its interest rate should be kept at 15% for a "prolonged period," this time asserting the strategy will be enough to bring inflation to the target. BCB held its official Selic ...