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By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Brazil’s Central Bank (BC) announced on Wednesday it was lowering the country’s benchmark interest rate (Selic) for the eleventh consecutive time, by 0.25 percentage point, from 7 percent to 6.75...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The latest report from the United Nation agency ECLAC (Economic Commission for Latin America and the Caribbean) shows a growth of 0.4 percent for the Brazil’s Gross Domestic Product (GDP)...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Despite some positive economic indicators, economists are forecasting an even lower economic growth for 2016 than previously estimated, concludes Brazil’s Central Bank in its weekly Focus Bulletin. According to...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Inflation forecasts in Brazil for this year have increased for the seventh consecutive time, as analysts now predict end-of-year inflation to reach 7.61 percent, according to the weekly Focus Survey...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The latest forecasts by economic analysts and investors show further deterioration in the Brazilian economy this year. According to the latest Focus Bulletin, released by the country’s Central Bank with...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – For the third consecutive time financial analysts, surveyed for the Brazilian Central Bank’s Focus Bulletin, have increased their forecast for inflation in 2015, with the estimate going from 6.6 percent...
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