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Brazil Central Bank Chief Won’t Signal Rates

Gabriel Galípolo says the bank will not preview its next Selic move, yet keeps rates tight as inflation forecasts drift above target.

  • Gabriel Galípolo, Central Bank chief, avoided signaling future rate decisions
  • Selic rate at 13.75%, no guidance on rate movements forthcoming
  • Factors like supply shocks and El Niño impact current economic conditions

Rebounding AI stocks lift Wall Street

NEW YORK — A rebound for stocks in the artificial intelligence industry is lifting the U.S. market on Wednesday. The S&P 500 rose 1.6 percent and was on track for a third gain in four days since its…

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