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Tag: rising consumer prices

Paraguay's central bank raised its key interest rate to 8.50%, its highest level in 11 years. The decision surprised analysts who had expected the bank to maintain the rate. Officials unanimously raised the rate by a quarter percentage point for...
RIO DE JANEIRO, BRAZIL - President Jair Bolsonaro's closest political advisors have warned him that further increasing Brazil's social spending could jeopardize his re-election chances next year. The government is continually looking for opportunities to expand and strengthen social policies...

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