Brazil c bank may have to relax war on inflation

ARTICLE - Hyperinflation may be dead, but prices are rising again in Brazil. A series of economic jolts could force the central bank to temper its anti-inflation zeal to avoid aggravating bigger problems in a slowing economy.

For the first time since 1999, when Brazil made inflation targeting the keystone of monetary policy, the central bank is expected to miss its mark - though not by much. This year's goal is 4% inflation, plus or minus two percentage points. Figures released Friday show that

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