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    LatAm Daily | Interests rates likely to remain unchanged in Brazil for some time

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    Published on Friday, October 30, 2015

    LatAm Daily | Interests rates likely to remain unchanged in Brazil for some time

    COPOM’s strategy is to make inflation converge to the 4.5% target in 2017 rather than in 2016. Further fiscal slippage is a risk for COPOM’s plan to keep the Selic rate unchanged for some time. Regarding this issue, the public gross debt increased again and reached 66% of GDP in September.

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