Tag: Banco Central do Brasil (BCB)

• Monday, December 30th 2024 - 23:13 UTC

  Brazil's financial markets adjust 2025 projections for the worse

  

  Monday's issue of Brazil's Central Bank's (BCB) Focus Bulletin twitched last week's 2025 slightly for the worse, with higher inflation and a smaller Gross Domestic Product (GDP), Agencia Brasil reported. The study showed that the Broad Consumer Price Index (IPCA) should end 2025 at 4.96% from the 4.86% forecast last week. It was the 11th adjustment to the inflation projection and the ninth to the exchange rate between the local real and the US dollar.

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