Brazil economists raised their forecasts for the benchmark interest rate and inflation at the end of next year as factors including a weak currency make consumer price pressures hard to tame.
BRASILIA (Reuters) - Economists have launched a fresh wave of upward revisions to projections for Brazil's interestrate this year, citing deteriorating inflation expectations, a weaker currency ...
This would push the benchmark interestrate to 14.25%, its highest level in more than eight years. Regarding the currency depreciation, Haddad stressed that Brazil operates under a floating ...