Brazil Central Bank Hastens Rate Hikes to Strangle Inflation, USD/BRL in Peril

Brazil’s Central Bank raises the Selic rate by 100 basis points to 5.25% and indicates that its baseline scenario includes quicker monetary tightening to tame inflation.

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Central banks unleash 350 basis points more of rate hikes in inflation fight

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Brazil Central Bank Warns of Persisting Inflation, Rate Hike - Bloomberg

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