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Central Bank of Brazil

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001122334455554433221100

brazil analysts raise interest rate forecasts through 2027 amid fiscal concerns

Brazilian analysts have raised their forecasts for the benchmark Selic interest rate, anticipating it will reach 11.5% by December 2025, up from a previous estimate of 11.25%. Projections for 2026 and 2027 have also been adjusted to 9.75% and 9.25%, respectively, amid concerns over President Lula da Silva's fiscal discipline. The estimate for next month remains unchanged at 11.75%.
Bloomberg.com
Brazilian Real Central Bank of Brazil BRA Luiz Inacio Lula da Silva
Finance & Economy, Market Report
13:13 04.11.2024
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