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Global Economic Outlook

Brazil: Q2 2010 Outlook

By Bertrand Delgado

Real GDP (% change y/y) 2009 2010 -0.2 5.8   CPI (% change y/y) 2009 2010 4.5 5.3
Above-potential economic activity and above-target inflation expectations will induce the central bank to initiate the tightening cycle on April 28 with a 50-basis-point (bp) hike[...]

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