The 2024 Heritage Foundation’s Index reveals Brazil ranks 124th among 184 nations with a 53.2 score, marking it as “mostly unfree” economically. The country’s economic freedom score is lower than the world and regional averages. Positioned just above Angola and India, yet trailing behind Nigeria and Russia, the country faces hurdles in enhancing its economic […]
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New York Markets Close Mixed with Eyes on US Inflation
On Monday, investors eyed global markets as Brazil’s exchange paused for Carnival. The spotlight was on US inflation updates, with key data expected on Tuesday. In addition, the Department of Labor will unveil January’s CPI and December’s core inflation figures. Federal Reserve members’ insights this week are also highly anticipated for interest rate clues. Amid […]
Brazil’s Path to Lower Interest Rates
Roberto Campos Neto, President of Brazil’s Central Bank, asserts that Brazil’s interest rates are restrictive enough to allow further cuts. He notes that while long-term inflation expectations are slightly above the target, decreasing inflation creates room for rate reductions. This strategy aims to balance economic restraint with growth. In the next two Copom meetings, Campos […]