Brazilian banks cut growth forecasts, raising fiscal stakes for Lula
4 Articles
4 Articles
A combination of factors, notably the imbalance in government accounts and supply shocks in food and fuel prices, is reducing the prospect of interest relief over the course of 2027, leading financial institutions to project an even slower economy next year. Market: Dollar goes from R$ 5.50 with uncertainties about AI abroad and Lula's economic policy 4 Public Accounts: Lula says that Brazil has 'tax seriousness' and that poor will not pay the a…
Brazilian banks cut growth forecasts, raising fiscal stakes for Lula
The four main banks and brokers of the Brazilian financial market promoted a strong cut in their estimates of growth of the Gross Domestic Product (GDP) to 2027. The chain review raised the fiscal pressure on President Luiz Inácio Lula da Silva, reducing the margin of maneuver of the federal government to finance commitments of [...]
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