Itau Cuts Brazil's Next-Year Growth to 0.5%
8 Articles
8 Articles
Itaú Unibanco promoted a strong adjustment of its projections for next year. In its scenario review, the bank said, now, expect inflation to end the year 2027 by 6.1%, 4.6% earlier, and GDP to slow down to 0.5%, against 1.2% in the previous scenario. Economists led by the former BC director, Diogo Guillen, now, also expect the Copom to interrupt the cycle of interest cuts already at the next meeting, next week, and to maintain the basic interest…
Itaú cut the GDP projection from 2027 from 1.2% to 0.5% and raised inflation to 6.1% days after Lula's victory, predicting high interest rates for longer.
Analysts redesign scenario considering four more years with Lula in the Presidency and alert to high prices and greater difficulty for the BC to cut interest at a time of weak economy
High interest rates should restrict credit, consumption and investment, while family debt concerns
Itaú cut to less than half its forecast of growth of the Brazilian economy in 2027 and began to wait... The post Itaú shorts GDP projection from 2027 to 0.5% and sees inflation above the target apareceu primeiro em Bem Paraná.
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