Brazil central bank hikes interest rate
Brazil Central Bank Will Extend Interest Rate Hikes With Galipolo Fully in Charge
Gabriel Galipolo will chair his first interest rate decision as Brazil’s central bank governor on Wednesday with a clear, well-known mission: the board he now presides will raise the benchmark interest rate by a full percentage point for the second straight meeting.
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If the law were properly applied, the election would be annulled, and Arévalo and his vice president would have to leave office.
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