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Brazil's Finance Chief Nominates Ally to Central Bank Board

Filed: Feb 03, 2026 at 8:08 AM ET
Summary: Finance Minister's nomination sparks market concerns amid interest rate cuts.
WHO: Brazil's Finance Minister
WHAT: Nominated an economist for Central Bank board
WHEN: Feb 03, 2026 at 6:27 AM ET
WHERE: Brazil
WHY: To strengthen ties with the ruling Workers' Party
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