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Brazil Finance Ministry Cuts 2026 GDP Forecast to 2.0% on Drag From High Selic Rate
PROMarkets2h ago

Brazil Finance Ministry Cuts 2026 GDP Forecast to 2.0% on Drag From High Selic Rate

Brazil's Ministry of Finance revised its 2026 GDP growth forecast downward, citing the restrictive effects of the high benchmark Selic interest rate on key sectors.