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"It is generally possible to be optimistic when we look at the reasons (for the unanchoring of inflation expectations)," he said at an event organized by the business group Lide in Sao Paulo. Private economists surveyed weekly by the central bank raised their inflation expectations to 3.86% this year, 3.75% for 2025, and 3.58% for 2026 - in the latter case, adjusting the projection upwards after 46 weeks of stability. The government's official inflation target is 3%.
Meta Platforms has added safety features to its misinformation tracking tool CrowdTangle for use during European Parliament elections in an attempt to allay EU concerns that triggered an investigation last month into the impact of its decision to phase out the tool. The U.S. social media platform last week said candidates for next month's polls will be shown a notification at the top of their feed in Facebook and Instagram on how to protect themselves and their accounts. Meta, which has more than 250 million monthly users in the European Union, on Monday followed up last week's announcement with live displays for each EU country, sorted by relevant keywords, public groups and Instagram accounts, that will enable real-time election-monitoring by researchers, journalists and civil society.
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