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Brazil Copom faces rate-cut dilemma amid slowing activity and election timing
Valor Econômico·BR·3 days ago
Brazil's financial conditions have been restrictive since March, driven by high Selic (13.75%) and pressured long-term rates amid global and domestic fiscal concerns. External risk from the Iran war and local debt deterioration are key drivers, with fixed income leading the tightening. This reinforces a brake on economic growth.
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