Brazil – Weekly 06/07 to 10/07
Despite the creation of only 57 thousand jobs in the U.S. in June, Treasury yields continued to move higher. Investors shifted their focus to resilient wage growth, while...
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June CPI: Disinflation Gains Momentum
Consumer inflation is expected to slow to 0.29% in June, mainly reflecting easing food inflation and the continued decline in fuel prices. Despite the short-term improvement, twelve-month inflation...
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Brazil: Forecasts June 2026
GDP growth slowing with higher inflation and lower interest rates.
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Trump at 500 days: Much Ado About (Almost) Nothing
The primary deficit (excluding interest payments) declined from 3.2% of GDP at the end of the Biden administration to 2.7% in 2025 and likely 2.5% in 2026.
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Brazil – Weekly 01/06 to 05/06
Brazil’s GDP grew 1.1% in Q1 2026 quarter-over-quarter. Although the result was broadly in line withanalysts’ expectations, it is noteworthy given the recovery from the weaker performances recorded...
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Brazil – Credit: Non Performing Loans Likely To Rise Further
The stock of credit operations within the National Financial System (SFN) reached BRL 7.2 trillionin April, an increase of 9.3% over the past 12 months (against inflation of...
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A Massive Transfer of Income
Brazil's combination of expansionary fiscal policies and high interest rates has significantly increased income transfers across the economy. According to our estimates, indebted households paid roughly BRL 770...
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Brazil – Weekly: 25/05 a 29/05
Brazil’s GDP The week begins with the Brent crude oil futures contract trading at US$97.80 per barrel.If it closes near this level, it will mark the first daily...
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BRAZIL – Public Sector Spending Increased Almost 30% in Last 6 years
It is misleading to attribute to advocates of fiscal adjustment the intention of cutting publicspending. The pace of expenditure growth in recent years has been so accelerated that...
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