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Brazil Central Bank to Move to Calm Investors, ex-Director Kanczuk Says

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Brazil central bank’s minutes to its last policy meeting will seek to calm investors who were rattled by the board’s split vote on interest rates, according to a former director at the institution.

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Brazil Central Bank Slows Pace of Interest Rate Cuts With Quarter-Point ReductionBrazil’s central bank cut its interest rate by a quarter-point, slowing its easing pace in a split vote that exposed rifts between members nominated by President Luiz Inacio Lula da Silva and more hawkish directors.
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Brazil Central Bank Slows Pace of Interest Rate Cuts as Board Members Clash in Split Vote(Bloomberg) -- Brazil’s central bank cut its interest rate by a quarter-point, slowing its easing pace in a split vote that exposed rifts between members...
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Brazil’s Central Bank Are Set to Slow Pace of Rate Cuts After Changing GuidanceBrazil’s central bank will likely slow the pace of monetary easing after policymakers evoked growing economic and fiscal uncertainties to back off their guidance for an additional half-point cut to the benchmark interest rate.
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