As Brazil’s central bank prepares to announce its latest interest rate decision, economists are divided on the outcome. XP’s Chief Economist Caio Megale revised his forecast to predict no change in rates, while ASA economist Leonardo Costa anticipates a quarter-point increase. This divergence reflects broader uncertainty among analysts, with 19 of 31 surveyed expecting the bank to pause its tightening cycle at 14.75%, while the remaining 12 foresee a hike to 15%. The split underscores the complexity of Brazil’s economic landscape and the challenges faced by policymakers in balancing growth and inflation.
— new from Bloomberg.com
