WASHINGTON (Reuters) – G20 finance ministers and central bank governors are adjusting to expectations that interest rates and the dollar are likely to stay higher for longer after the U.S. Federal Reserve signaled it is likely to delay rate cuts, Brazil’s finance leaders said on Thursday.
Finance Minister Fernando Haddad told a news conference after a Group of 20 finance leaders meeting that the shift in expectations for the Fed move in March has dampened moods about a range of economic variables, including a global repricing of assets.
(Reporting by David Lawder; Editing by Chris Reese)
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