(Analysis) Brazil’s economy has shown impressive numbers recently, with the first-quarter GDP growing by 2.5% year-over-year, surpassing the 2.2% consensus. Quarterly growth reached 0.8%. The unemployment rate dropped to 7.5%, better than the expected 7.7%. Business confidence also peaked at its highest level since 2022. Yet, despite these strong indicators, the Ibovespa, Brazil’s main stock […]
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