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Brazil holds benchmark interest rate steady

FXStreet (Bali) - Brazil held the benchmark interest rate unchanged at 14.25 percent, noting monetary policy to remain vigilant to meet inflation goal.

Headlines via Reuters

Removes reference to "lower inflation to target at end of 2016" from statement

Says keeping rates at current levels for sufficiently prolonged period is necessary to lower inflation towards target in a relevant horizon for monetary policy

Says monetary policy to remain vigilant to meet inflation goal

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