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Brazil’s central bank president Campos Neto: “The decline in inflation is slower than we expected”

The president of the Central Bank of Brazil (BC), Roberto Campos Neto, said on Wednesday, 19, that, according to his assessment, inflation in Brazil had fallen more slowly than expected, despite the basic interest rate being at a high level - currently at 13.75%, with accumulated 4.65% over the past 12 months.

The National Wide Consumer Price Index (IPCA), which closed March with a high of 0.71 . . .

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