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Itaú Adjust 2022 Year-End Inflation Forecast To 5.5% From 6.0%

BRAZIL
  • Itaú are the latest from the sell-side to downgrade Brazilian inflation forecasts:
    • BRAZIL 2022 CPI ESTIMATE CUT TO 5.5% FROM 6.0% AT ITAU (BBG)
    • BRAZIL 2023 CPI ESTIMATE CUT TO 5.0% FROM 5.3% AT ITAU (BBG)

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