January 30, 2013 / 2:30 PM / 5 years ago

Future Brazil interest rate hikes likely to be muted -Mantega

BRASILIA, Jan 30 (Reuters) - Future interest rate hikes by Brazil’s central bank are likely to be smaller than those seen in the past, Finance Minister Guido Mantega said on Wednesday.

Current economic conditions in Brazil may allow rates to remain at current levels, Mantega said at a gathering of mayors in the capital, Brasilia, adding that interest rates are not the only tool at the government’s disposal to fight inflation.

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