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Brazil inflation to peak in June or July – economy ministry official

Brazil inflation to peak in June or July - economy ministry official

Brazil inflation to peak in June or July -Economy Ministry official

Brazil inflation to peak in June or July -Economy Ministry official Reuters 1 hr ago BRASILIA, June 9 (Reuters) - Brazilian inflation will peak in June or July before coming down toward the central bank s target range, thanks to firm efforts by monetary policymakers and the government, an Economy Ministry senior official said on Wednesday. In an online event hosted by the Brazil-Florida Business Council, special secretary to the ministry Adolfo Sachsida said the government s firm commitment to fiscal consolidation will help lower inflation expectations, while the central bank is going to do its part. (Reporting by Jamie McGeever; Editing by Leslie Adler)

Withdrawal of pandemic welfare fuels poverty in Brazil

Withdrawal of pandemic welfare fuels poverty in Brazil DAVID BILLER and MAURICIO SAVARESE, Associated Press May 25, 2021 FacebookTwitterEmail 27 1of27FILE - In this May 15, 2021, a girl eats from a pot as she eyes the camera in the Penha Brasil favela where families have started relocating during the coronavirus pandemic in Sao Paulo, Brazil. The shantytown s rapid rise reflects a resurgence in poverty after the government limited socioeconomic turmoil in 2020 with one of the world s most generous welfare programs.Andre Penner/APShow MoreShow Less 2of27FILE - This May 15, 2021 file photo shows an aerial view of the Penha Brasil favela where families have started relocating during the coronavirus pandemic in Sao Paulo, Brazil. The pandemic shantytown sprang up virtually overnight when people began using scavenged wooden boards to build shacks on a plot of empty land in Sao Paulo, Brazil s biggest city.Andre Penner/APShow MoreShow Less

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