Brazil rates steady on slight inflation rise-cbank

Brazil's central bank decided this month to keep interest rates steady in the face of a slight rise in inflation expectations and poor trade accounts which have weakened the real currency, the bank said on Feb 23, 2001 in the minutes of its last rate-setting meeting.

With the outlook for inflation rising, but still remaining within the bank's inflation targets, the bank opted at its Feb 13-14 monthly meeting to keep the key Selic lending rate at 15.25 percent, breaking with two consecutive months

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