Interest Rates Expected to Fall Fast in Brazil Next Year -- Market Talk

Dow Jones
2025/07/31

1229 ET - Brazil's central bank is expected to pause its aggressive hiking cycle later today, but borrowing costs are unlikely to fall before December, Bank of America economists write. However, they foresee a fast cutting cycle that would take the current 15% rate to 11.25% by December 2026, "as we see a benign trajectory for inflation, economic activity, and the currency ahead." Looser fiscal policy and trade tensions are risks, they say. Those could be meaningful. General elections next year could drive higher government spending and there are no indications that Trump's 50% tariffs on Brazilian imports set to go into effect Friday will be negotiated down anytime soon. (paulo.trevisani@wsj.com; @ptrevisani)

 

(END) Dow Jones Newswires

July 30, 2025 12:29 ET (16:29 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

应版权方要求,你需要登录查看该内容

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10