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Itaú Revise Brazilian Inflation and Selic Rate Forecasts Higher

BRAZIL
  • Brazil 2021 Selic Rate seen at 7.5% vs 6.5% by Itaú (BBG)
  • Brazil 2021 cpi estimate raised to 6.9% from 6.1% by Itaú (BBG)
  • Brazil 2022 cpi estimate raised to 3.9% from 3.7% by Itaú (BBG)

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