Not Having Closed the Door for New Cuts Is a Way for BC to Say that Cycle Continues, Says Canvas Capital

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Although there have been few changes in the Monetary Policy Committee (Copom)'s statement regarding the previous message, the absence of a signal that the interest-cutting cycle may have come to an end is an indication that the Central Bank should continue to reduce the basic rate, evaluates the chief economist of Canvas Capital, Camila Faria Lima. Exclusive material for subscribers. To have full access, access the link of the subject and regist…