Pantheon Macroeconomics - Data released on Friday in Brazil and recent political events helped to open the door further to a final rate cut in August. The IPCA-15--which previews the full CPI-- rose 0.3% month-to-month in July, well below market expectations, 0.5%.

Latin America | 27 July 2020 Low Inflation in Brazil will Allow the Copom to Cut Rates in August
Data released on Friday in Brazil and recent political events helped to open the door further to a final rate cut in August. The IPCA-15--which previews the full CPI-- rose 0.3% month-to-month in July, well below market expectations, 0.5%.

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27 July 2020 Low Inflation in Brazil will Allow the Copom to Cut Rates in August

By Abadia Andres

Data released on Friday in Brazil and recent political events helped to open the door further to a final rate cut in August. The IPCA-15--which previews the full CPI-- rose 0.3% month-to-month in July, well below market expectations, 0.5%.

Posted: 27th Jul 2020 in 'Latin America'

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