Rate Cuts Ahead: JPMorgan and UBS BB’s Forecasts for Brazil

Brazil’s Central Bank is planning more interest rate cuts in 2024. JPMorgan and UBS BB, two big banks, see these cuts differently. Yet, both agree on the general economic trend. JPMorgan sees three cuts coming. First, they expect two cuts of 0.5% each. Then, they see one more cut of 0.25%. They believe the final […]

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