* Brazil’s inflation tops estimates in February at 0.83% * Chile to cut rates to 6.5% at next meeting- poll * Argentina fixed-term deposit rate falls to 75% after rate cut * Brazil’s finmin to appoint Rafael Dubeux to Petrobras board * FX off 0.2%, stocks down 0.1% By Ankika Biswas March 12 (Reuters) – The index tracking Latin American currencies slipped on Tuesday against a strong dollar after a hotter-than-expected U.S. inflation print slightly pushed back expectations of an early Federal Reserve interest rate cut. The MSCI index for Latam currencies was down 0.2% at 10:00 a.m. ET. “With the U.S. economy still overheating, we expect 10-year Treasury yields to keep trading above 4% this coming quarter which will exert downward pressure on Latam currencies, especially since major central banks in the region are now in an easing cycle,” said Joaquin Kritz Lara, chief economist at Numera Analytics.
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