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The Nexus
BUSINESSJun 24 · 17:25 UTCTHE RIO TIMESIolanda Fonseca

Brazil Scrambles to Calm Markets After a Muddled Rate Cut

Brazil’s central bank cut rates on June 17 while warning about rising inflation, causing investor confusion and demands for higher returns. The Treasury later canceled an inflation-linked bond auction on June 22, reflecting market turmoil.

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Brazil’s Central BankorganizationTreasuryorganizationinflation-linked bondstopicInflationtopicMarketstopic
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