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BCB's Picchetti Says Last Battle of CPI Fight Yet To Won

BRAZIL
  • BRAZIL’S PICCHETTI: LAST MILE OF GLOBAL CPI FIGHT YET TO BE WON (BBG)
    • Brazil central bank is monitoring services inflation, which is still a cause of concern
    • Climate change is a global economic risks, with impacts on prices, expectations
  • Very much in line with central bank governor Campos Neto's comments from earlier this week who said "there is still work to be done in the last mile of disinflation, risks remain ahead".

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