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By William Jones, Contributing Reporter

RIO DE JANEIRO, BRAZIL – The president of Brazil's Central Bank, Alexandre Tombini, said that he is not surprised by the sharp rise in food prices reported from February to March this year, and affirmed that the hike does not alter the monetary authority's forecast for inflation, which the Central Bank believes will start to fall.

The Central Bank's inflation target is 4.5 percent, with a margin of error of two percent but . . .

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