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- Welcome Kevin_Lee to the Gate Square! 🎉
Looking forward to more great crypto insights from him.
Check out and engage with Kevin_Lee’s latest post!
👉 Post: https://www.gate.com/post/status/11758920
👉 Profile: https://www.gate.com/profile/Kevin%20Lee
Let’s give Kevin_Lee a warm welcome! 👏👏👏
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- 🚀 Gate Square Creator Spark Program is Live!
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📄 More info 👉 https://www.gate.com/announcements/article/45695 - 🎉 Gate Alpha Second Points Special Airdrop is coming!
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📸 Alpha Points Snapshot: June 24, 16:00 (UTC)
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The Central Bank of Brazil raised interest rates by 100 BP for the third time, indicating a reduction in the pace of rate hikes.
On March 20, Jin10 Data reported that on Wednesday local time, the Central Bank of Brazil raised interest rates by 100 basis points for the third consecutive time to 14.25%, a new high since 2016, in line with expectations, and the rate decision was unanimously approved. The Central Bank of Brazil reiterated its previous forward guidance and indicated that the rate hike in the next policy meeting would be smaller, as it is monitoring signs of an economic slowdown.