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Brazil central bank holds interest rates, nods to fiscal policy

Brazil s Central Bank maintains high interest rates, targets inflation

Marcelo fonsecaNicolas tingasFederal reserveOpportunity totalInflation targetingMonetary policyFiscal policyBrazil central bankInterest rates

UPDATE 2-Brazil central bank holds interest rates, nods to fiscal policy

Brazil's central bank on Wednesday held interest rates steady at a sixth consecutive policy meeting and said it was "less likely" to resume hikes, while adding the government had eased concerns about fiscal policy with proposed new budget rules.

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