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Brazil raises interest rates, signals third big hike next month reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.
Brazil Raises Interest Rates, Signals 3rd Big Hike Next Month theepochtimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theepochtimes.com Daily Mail and Mail on Sunday newspapers.
Brazil’s GDP grew faster than expected in the first quarter, bringing the weight of the largest economy in Latin America back to the level before the outbreak The pandemic hits At the end of 2019. Official data released on Tuesday showed that the economy grew by 1.2% from the previous quarter and by 3.2% in the previous quarter. Compared with the same period last year, the economy has grown by 1%. “If you think less than a month ago that most economists thought there would be a decline, then the growth would be very surprising. This will inspire hopes for a faster recovery in Brazil,” said Gustavo Cruz, a strategist at RB Investimentos. ....