Tag: Central Bank of Brazil
RIO DE JANEIRO, BRAZIL - Brazilian financial analysts slightly upgraded their 2021 growth forecast, from a 3.4 percent to 3.41 percent expansion in gross domestic product (GDP), after modifying the estimated contraction for 2020 from 4.36 to 4.37 percent,...
By Jay Forte, Contributing Reporter
RIO DE JANEIRO, BRAZIL - The projection of financial institutions in Brazil for inflation, measured by the National Index of Consumer Price (IPCA) this year was adjusted from 7.04 percent to 7.06 percent according to...
By Sarah Brown, Contributing Reporter
RIO DE JANEIRO, BRAZIL - Research from Banco Central (BC, or Central Bank of Brazil) shows that the projected growth of GDP has fallen, while forecasts for inflation rates has increased, indicating a persistent decline...
By Anna Kaiser, Contributing Reporter
RIO DE JANEIRO, BRAZIL - While the U.S. Dollar reached its highest value so far this year last Friday, May 24th, the Brazilian Real has lost financial worth, following a period of consistently increasing against...
By Anna Fitzpatrick, Contributing Reporter
SÃO PAULO, BRAZIL – Historically, the thorn in the side of Brazil’s economy has always been inflation and last week the rolling twelve month inflation rate was reported as 7.23 percent by the Central Bank....
