The Bank says its not taking further tightening off the table, but t will do so at a slower pace if so.
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Brazil's central bank hikes its benchmark Selic rate by 100bps to 12.75%, as expected
Brazil's central bank hikes its benchmark Selic rate by 100bps to 12.75%, as expected
- Banco Central do Brasil with its "hold my beer' moment to the FOMC
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- In-line CPI report leads to a blockbuster day for US stock markets
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- Brazil's central bank hikes rate to 12.25% (from 11.25% and vs. 12% expected)
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