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2024

Itaú Projects Stronger Brazilian Economy and Steeper Selic Rate

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Itaú has improved its outlook for Brazil's economy and fiscal performance for the next two years, yet expects a tougher inflation scenario and a higher Selic rate by year-end. The bank now sees Brazil's GDP growing by 2.0% in both 2024 and 2025, up from earlier estimates of 1.8%. Mario Mesquita, Italy's Chief Economist, links […]



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