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The market gave up on a 2026 rate cut: Focus now sees the Selic on hold at 13.75%
The year-end forecast rose from 13.50% to 13.75%. For 2027, 12.50%. Expected 2027 inflation also rose.
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CRAs, Fiagros, CPRs, LCAs, restructurings and the cost of capital in agribusiness.
