Brazil 2012 GDP Forecast Cut to 1%: Daily

By Ben Tavener, Senior Contributing Reporter

SÃO PAULO, BRAZIL – Market growth forecasts for Brazil’s GDP (gross domestic product) in 2012 have been cut dramatically for the fourth time in as many weeks, from last week's prediction of 1.27 percent to 1.03 percent, according to the latest Focus survey, released by the Banco Central (Central Bank . . .

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