Brazil: Risk of inflation breaching target limit goes to 100% in 2022 and rises to 2023

"Inflation projections have risen over the entire horizon considered," the Central Bank said in its Quarterly Inflation Report.

RIO DE JANEIRO, BRAZIL - The probability of inflation exceeding the limits of the target tolerance range this year rose from 88% in the March estimate to 100%, according to the Quarterly Inflation Report released Thursday by the Brazilian Central Bank (BC), which also increased the estimate of the chance of . . .

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