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us election outcome could severely impact emerging markets like brazil

Concerns about U.S. fiscal policy under potential leadership changes are heightening uncertainty for Brazil's economic outlook. Analysts warn that without significant fiscal adjustments, inflation pressures may persist, leading to higher interest rates and a challenging environment for Brazilian assets. The expectation is for the Selic rate to remain elevated, with discussions of cuts unlikely in 2025 if current fiscal disarray continues.
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13:39 01.11.2024
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