RIO DE JANEIRO, BRAZIL - Brazil's Central Bank (BC) estimates that inflation will be 7.3% at the end of 2022, above this year's target, according to the latest Focus Bulletin survey. A rate of 3.4% is also forecast for 2023.
The percentages were announced in the minutes of the Monetary Policy Committee (Copom). Click here for the full document.
The College raised the prime rate, the Selic, by one percentage point to 12.75% per annum. In . . .
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