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Brazil's government earlier this month cut its 2025 economic growth forecast to 2.3% from 2.5%, amid tightening monetary policy that has brought the benchmark interest rates to 13.25%.
For 2025, Brazil's government cut its forecast to 2.3% last month as the central bank continued its monetary tightening cycle. The economic team also lifted inflation projections.
Brazil’s economic landscape is showing promising signs of recovery and growth, as reflected by the latest data from the IBC-Br Index of Economic Activity. The most recent figures from Banco ...
The IBC-Br Index of Economic Activity in Brazil, a key indicator of economic performance, rose 0.1% month on month in October 2024. This increase comes after a significant revision to September ...