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Latin America Update

Latin America Update

Brazilian inflation edges further above target

Data released this afternoon confirm that Brazilian inflation rose further above the central bank’s target in August. The news will do little to calm fears that, following last week’s surprise interest rate cut, policymakers have gone soft on inflation. With additional monetary easing perhaps in the pipeline, these concerns will linger for a while yet.

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This article is tagged with the following subjects: Brazil, Inflation, Latin America, Macro-economics
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