MNI WATCH: BCB To Hike 100BP As Signaled, Eyes On May Guidance

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Mar-17 20:01By: Larissa Garcia
Brazil Central Bank+ 1

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The Central Bank of Brazil is expected to hike its official Selic rate by another 100 basis points to 14.25% on Wednesday, following the forward guidance in its last decision and marking the fifth consecutive increase. All eyes will be turn to clues...