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Brazil holds benchmark interest rate steady

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Oct 22, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    FXStreet (Bali) - Brazil held the benchmark interest rate unchanged at 14.25 percent, noting monetary policy to remain vigilant to meet inflation goal.

    Headlines via Reuters

    Removes reference to "lower inflation to target at end of 2016" from statement

    Says keeping rates at current levels for sufficiently prolonged period is necessary to lower inflation towards target in a relevant horizon for monetary policy

    Says monetary policy to remain vigilant to meet inflation goal
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