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BCB Chief Galipolo describes the external environment as adverse

ORIGINAL · NewsquawkBCB Chief Galipolo describes the external environment as adverseRead originalHide original

Monetary policy transmission signals are strengthening, while labour market remains resilient despite the slowdown.

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Galipolo described the external environment as adverse; Brazil had paused rate cuts at 13.75% amid worsening inflation prospects and slowing growth.

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Monetary policy transmission signals are strengthening, while labour market remains resilient despite the slowdown.

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