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Brazil's Copom Halts Easing Cycle, Holds Selic at 13.75% a Year

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The Monetary Policy Committee (Copom) of the Banco Central do Brasil decided on Wednesday, Nov. 4, to hold the Selic rate at 13.75% a year, ending a sequence of five consecutive 0.25-percentage-point cuts that began in March. The decision was unanimous and came after the re-election of President Luiz Inácio Lula da Sil

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Source: FreeNewsAPIRead at BigGo Finance

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