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Brasil, 10 de junho de 2015. Introductory remarks from ... - Banco Central

10 de jun de 2015 - will serve as a reminder against excessive complacency for some time to come. The current debate is about the policy tools for the...
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10 de jun de 2015 - will serve as a reminder against excessive complacency for some time to come. The current debate is about the policy tools for the goal of maintaining financial stability. Macroprudential policy is widely seen as the first line of defense against systemic risk, but there is still uncertainty about its effectiveness.