MNI BRIEF: BCB To Stay Restrictive For Longer Period-Galipolo

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May-19 14:01By: Larissa Garcia
Brazil Central Bank+ 1

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Central Bank of Brazil governor Gabriel Galipolo said Monday that it makes sense to keep interest rates at a restrictive level "for a longer period than is typically the case." Its official Selic rate is at 14.75% after a 50-basis-point hike two week...