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Brazil Continues Interest Rate Increases Under New Central Bank Head Galípolo

Brazil Continues Interest Rate Increases Under New Central Bank Head Galípolo
3 months ago

Brazil's monetary policy landscape is shifting markedly as the newly appointed Central Bank president, Gabriel Galípolo, prepares to extend interest rate hikes in a bid to combat persistent inflation. Under the previous leadership, Brazil maintained a tight grip on inflation rates through aggressive interest rate policies, and the new administration appears committed to a similar strategy.

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