Tag: quarterly report

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 – The Central Bank of Brazil increased its inflation forecast for this year, but was slightly more optimistic about the country’s growth, reducing the negative growth forecast for the GDP this...