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The Nexus
BUSINESSJul 20 · 11:28 UTCTHE RIO TIMESArkady Petrov

Brazil Interest Rate Cut Likely in August, Bets Show

B3's Copom options indicate a 75.5% probability of a 0.25-point Selic rate cut in August, marking a shift from June's expectation of a hold. The article notes this change in market expectations for Brazil's central bank policy.

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