Brazil's government and central bank said the country's economic and f...
BRASILIA - Brazil’s government and central bank said the country’s economic and fiscal health was deteriorating rapidly, as yet another economic indicator on Tuesday suggested the country may be sliding closer toward recession.
In some regards, the comments, predictions and policy prescriptions coming out of Brasilia show officials are just catching up with the private sector, which has been far more pessimistic in recent months, particularly on growth. The new forecast would be in line with the 1.45% average forecast in the central bank’s latest weekly survey of about 100 financial institutions. That was the lowest this year, and could fall further if recent economic indicators are any guide.
Brazil’s economy expanded by 1.1% in 2018 and 2017, and official and private-sector forecasts suggest improvement will be minimal this year.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
A dodgy database casts further doubt on India’s GDP statisticsIf some companies were mislabelled as service firms, the error will change the composition of GDP, not its size
Weiterlesen »
China's central bank adviser says U.S. tariffs could cut GDP growth by 0.3 percentage pointsPlans by Washington to hike tariffs on $200 billion of Chinese goods could cut C...
Weiterlesen »
Here's How Much Trump's Tariffs Will Cost China's GDPChina can handle the haircut. Sort of.
Weiterlesen »
Policy easing on the cards as Philippine first-quarter GDP growth disappointsThe Philippine economy grew at its weakest pace in four years in the first quart...
Weiterlesen »
Bank of France estimates second quarter French GDP growth at 0.3 percentThe French economy should grow 0.3 percent in the second quarter, the Bank of Fr...
Weiterlesen »
Here's How Much Trump's Tariffs Will Cost China's GDPHere's how much Trump's tariffs will cost China's GDP:
Weiterlesen »
Malaysia's first quarter GDP growth seen cooling on weak demand, exportsMalaysia's economic growth pace likely slowed in the first quarter, due to ...
Weiterlesen »
Here's How Much Trump's Tariffs Will Cost China's GDPHere's how much Trump's tariffs will cost China's GDP:
Weiterlesen »
New research traces the intricate links between policy and politicsThreatening to withhold welfare payments seems to encourage compliance, a study of the world's largest conditional cash-transfer scheme found
Weiterlesen »
Bond king Jeff Gundlach breaks down why a booming $8 trillion market is poised to face a reckoning when the next recession hits'The corporate-bond market will really have problems when you see negative GDP,' Gundlach said.
Weiterlesen »