MNI BRIEF: Copom Hikes Rates By 25BP, Signals End Of Cycle

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Jun-18 21:44By: Larissa Garcia
Brazil Central Bank+ 1

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The Central Bank of Brazil (BCB) unanimously decided to hike its official Selic rate by 25 basis points to 15.00% Wednesday, while signaling this could be the last tightening move of the cycle. "If the expected scenario materializes, the Committee f...