While this number still shows all the worrying dynamics seen in the January IPCA monthly data, the improvement at the margin plus the fact that seasonal items (like education) will not impact the next releases mean that the Central Bank of Brazil (BCB) can still hope to reach the April rate-setting meeting and not raise interest rates.
To reach that effective 30% rate, Obama called on Congress to eliminate tax deductions millionaires can now claim for mortgages, retirement, health care and child care, but not for charitable contributions.