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By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The Central Bank (CB) of Brazil forecasts that this year’s inflation will reach 6.5 percent, within the upper limit of the government’s established target (center at 4.5 percent). According to...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Despite continuing economic turbulence, some foreign financial organizations are starting to register improvements in Brazil’s economy. The Organization for Economic Cooperation and Development (OECD), for example, has revised its forecast...
By Lise Alves, Contributing Reporter SÃO PAULO, BRAZIL – The Banco Central (BC, or Central Bank) in Brazil released its Second Quarter Inflation Report Thursday forecasting higher inflation and lower GDP for 2014. The BC decreased its forecast for...
By Lisa Flueckiger, Contributing Reporter RIO DE JANEIRO, BRAZIL – The manufacturing sector in Brazil helped to boost the flagging economy in the second quarter of 2013 and led to slightly increased GDP forecasts for the entire year. However, the...
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