MNI WATCH: BCB To Halt Rate Hikes, Higher for Longer Strategy

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May-07 23:25By: Larissa Garcia
Brazil Central Bank+ 1

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The Central Bank of Brazil gave strong evidence that the monetary tightening cycle has come to an end with Wednesday's 50 basis-point hike to 14.75%, as it provided no forward guidance for June and included in the statement that interest rates should...