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Murray News

Brazil cuts interest rate by 50bp, signals continued easing pace

Central Bank Committee projects ongoing cuts of 50 basis points “in the upcoming meetings” 02/01/2024 Central Bank’s Copom suggested similar reductions “in the next few meetings” should economic conditions unfold as projected — Foto: Beto Nociti/BCB The Brazilian Central Bank’s Monetary Policy Committee (Copom) has once again lowered the Selic (Brazil’s benchmark interest rate) rate, […]

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1 de February de 2024/by Gelcy Bueno
Murray News

Gol studies measures against LATAM for trying to take its planes

One day after the airline filed for court-supervised reorganization, Santiago-based group reportedly sent letters to lessors eying up to 25 aircraft 01/31/2024 Gol shares plunged again on Tuesday (30) trading session — Foto: Fabiano Rocha/Agência O Globo Gol is studying measures against LATAM after the competitor attempted to take 20 to 25 of its 737 […]

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31 de January de 2024/by Gelcy Bueno
Murray News

Foreign capital inflows unlikely to make real much stronger, Citi says

External scenario should continue to play relevant role in the real’s performance, while commodity prices and trade balance may not provide same support as last year 01/30/2024 Eduardo Miszputen — Foto: Carol Carquejeiro/Valor Although Brazil remains a standout among emerging markets and has recently been the focus of foreign investors, the country is unlikely to […]

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30 de January de 2024/by Gelcy Bueno
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