Brazil's inflation is expected to have kept a moderate pace in January, a Reuters poll showed, probably remaining under the upper limit of the central bank's target range for the third month in a row. This should support growing hopes for an interest rate cut by Banco Central do Brasil in March that could open the door to more policy easing ahead. Annual inflation likely picked up to 4.44% in January from 4.26% in December, according to the median estimate of 20 economists polled February 4-9. However, that would still be lower than the 4.50% ceiling of BCB's target range of a 3% mid-goal with a tolerance margin of 1.5% above or below.