EMERGING MARKETS-Most Latam FX inch up as dollar loses steam; poised for weekly gains

* Brazil's inflation rises more than expected after rate cut * IMF highlights Chile's strong fundamentals as domestic risks subside * Brazil's Lula to reshuffle cabinet after Africa trip -minister * Latam FX up 0.2% (Updated at 1855 GMT) By Ankika Biswas and Bansari Mayur Kamdar Aug 25 (Reuters) – The Latin American currencies index reversed its early loss to eke out gains on Friday, as the dollar lost steam through the day's course, while traders assessed Federal Reserve Chair Jerome Powell's message on the need for further rate hikes. The MSCI's index for Latam currencies gained 0.2%, with the dollar giving up its early gains that came on the back of Powell's insistence to contain stubborn inflationary pressures at the much-awaited Jackson Hole Symposium.