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LatinNews Regional Monitor: Brazil & Southern Cone - 13 February 2019

In brief: Brazil

* Brazil’s central bank (BCB) has released the minutes from the latest meeting of its monetary policy committee (Copom), in which it notes that recent data continues to point towards the gradual recovery of Brazil’s economy. The Copom notes that measures of underlying inflation are at comfortable levels and it sees inflationary risks as having moderated, despite continued uncertainties in the global economic outlook due to trade conflicts and Brexit, amongst other factors. Projections put Brazil’s inflation rate at 3.9% in 2019.