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central bank chief By Reuters

central bank chief By Reuters


central bank chief By Reuters


BRASILIA (Reuters) – Brazil’s economy flatlined or expanded slightly in the second quarter but the pace of growth should pick up, albeit gradually, central bank president Roberto Campos Neto said on Tuesday.

Campos Neto also said that a benign outlook for inflation should allow the central bank to provide additional policy stimulus, according to a presentation to the Senate’s economic committee posted on the central bank’s website.

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