Brazil's mid-September inflation came in above forecasts, with the IPCA-15 climbing on the month, driven largely by energy costs. The central bank trimmed its growth forecasts, rei
Brazil's mid-September inflation came in above forecasts, with the IPCA-15 climbing on the month, driven largely by energy costs. The central bank trimmed its growth forecasts, reinforcing a cautious policy backdrop just as the tight election between Lula and Bolsonaro keeps fiscal promises in the spotlight. The Brazil ETF continues its soft drift as investors weigh the inflation surprise against the political calendar.
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