Brazil's central bank sent an aggressive message to investors Monday, reminding them that a final rate hike is still on the table, even as most traders bet that the aggressive monetary tightening campaign ended at the last meeting.
"We have to send a tough message," Roberto Campos Neto, the bank's president, said at an event organized by local newspaper Valor Economico.
"The message remains that we will consider the need for a final rate hike in September," he added.
Campos Neto added that the central bank is not yet considering a rate cut. "We are still thinking about . . .
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