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VIEW: Citi suggest that "players should......>

BRAZIL
BRAZIL: VIEW: Citi suggest that "players should price around 50%/60% chances of
another 25bp cut in the next COPOM decision and around 10%/20% for the following
one. The discussions of a terminal Selic rate between 1.75%/2.00% should
increase, along the deliberations that BCB will keep it at record low levels
till 2022." Watch continuing tensions between the Supreme Court and President
Bolsonaro continue to escalate."
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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