Brazil’s recovery will continue in 2013 but growth is likely to be lacklustre by historic standards. Above target inflation will prevent further policy support in the first few months of the year, but further rate cuts are possible later on. We also expect the real to fall further against the US dollar.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services