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Largest Swiss Bank praises Brazil’s monetary policy and forecasts further decline in inflation

After having one of the highest inflation rates in the world in recent months, Brazil will reverse the scenario of rising prices sooner than other countries.

This assessment was presented in a report by UBS, the largest Swiss bank and most significant private bank in the world.

According to the article "From Ugly Duckling to Swan," Brazil will tend to return to the bottom of the global ranking in the coming months.

Despite the projected decline in global inflation, the bank does not expect the core to slow significantly, with prices in the services sector expected to continue to rise . . .

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