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Brazil economy to grow ‘slightly’ in Q3: central bank minutes

Inflation is well-contained and should remain so, allowing for "additional adjustment of the degree of stimulus".
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  • Inflation is well-contained and should remain so, allowing for "additional adjustment of the degree of stimulus".
  • the third quarter of this year, keeping the recovery rolling at a "gradual pace".

Inflation is well-contained and should remain so, allowing for "additional adjustment of the degree of stimulus", according to minutes of Copom's Sept. 17-18 meeting when policymakers reduced the benchmark Selic rate by 50 basis points to a new low of 5.50pc.