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Quarterly Inflation Report Published

BRAZIL
  • Brazil’s central bank raised its 2022 economic growth forecast in the latest quarterly report after the unemployment rate tumbled to a seven-year low.
  • Link to the report: https://www.bcb.gov.br/en/publications/inflationre...
  • Policymakers noted that “domestic and external uncertainties remain high and, thus, growth projections for Brazil, especially for 2023, are more uncertain than usual”.
  • Central bank chief Roberto Campos Neto and bank’s directors hold annual meeting with journalists in Brasilia, followed by a press conference.

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