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Financial Market Forecasts Reduction in Inflation and Basic Interest Rates in 2019

RIO DE JANEIRO, BRAZIL - According to a Central Bank (BC) survey of the financial market, the forecast for inflation, measured by the Broad National Consumer Price Index, dropped from 3.44 percent to 3.43 percent in 2019.

For 2020, the estimate fell from 3.80 percent to 3.79 percent. The forecast for the following years remained unchanged: 3.75 percent in 2021 and 3.50 percent in 2022.

The estimates for 2019 and . . .

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