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Under Lula’s attack, Brazil’s Central Bank sets interest rates in the first meeting of the year

The eyes of the Presidential Palace are on the decision the Monetary Policy Committee (Copom) will take on Wednesday (1st) regarding the basic interest rate (Selic).

The market consensus is that it will be maintained at 13.75% per year to combat inflation and bring expectations closer to the target set by the National Monetary Council (CMN).

President Lula has criticized the interest rate policy.

In a meeting with deans of federal . . .

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