BUSINESSJun 15 · 18:10 UTCTHE RIO TIMESDiego Fernández

BofA Cools on Brazil and Shifts Bets to Chile and Colombia

Bank of America has reduced its positioning on Brazil and increased exposure to Chile and Colombia. The shift is driven by expectations of Brazil's Selic rate reaching 14.25% by 2026 with limited further rate cuts.

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Bank of AmericaorganizationBrazilplaceChileplaceColombiaplaceSelic ratetopic

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