Focus Report Raises Inflation Projections for Brazil

Brazil faces significant economic challenges as inflation forecasts rise, prompting careful and strategic monitoring. The Central Bank’s Focus report has recently elevated the inflation prediction for 2024 from 4.20% to 4.22%, which veers further from the target of 3%. Simultaneously, the 2025 forecast has marginally decreased from 3.97% to 3.91%, indicating slight relief. Conversely, GDP […]