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Brazilian Real: Cautious BCB easing offers limited support – Societe Generale

Societe Generale’s Dev Ashish notes that the central bank of the Brazil, Banco Central do Brasil (BCB) cut the Selic rate by 25bp to 14.0% as expected, extending a 100bp easing cycle since March.

Brazilian Real: Cautious BCB easing offers limited support – Societe Generale

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