Pantheon Macroeconomics
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1st Dec 2022 15:37Latin America, Daily Monitor
Brazil’s real GDP has risen for a fifth consecutive quarter; output is about 5% above pre-Covid level...
...But the balance of risks for 2023 is to the downside, due mainly to increased fiscal threats.
Policy uncertainty could keep interest rates high for even longer, and the global economy won’t help.
economy, gdp, interest rates, policy, real gdp, Pantheon Macro, Pantheon Macroeconomics, independent macro research, independent research, ian shepherdson, economic intelligence