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Brazil Central Bank To Base June Decisions On Data

Aerial view shows the headquarters of the Central Bank of Brazil in Brasilia

The governor of the Brazil central bank has indicated that the decisions made in June will be more data-dependent, particularly in relation to inflation. This statement comes amidst ongoing concerns about rising inflation rates in the country.

With the economy facing challenges due to the impact of the COVID-19 pandemic, the central bank is closely monitoring key economic indicators to inform its policy decisions. Inflation has been a significant focus, with recent reports showing an increase in consumer prices.

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