Brazil Inflation Ticks Up
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Brazil's monthly inflation is expected to have slowed for the fourth time in a row in June due in part to lower gasoline prices, a Reuters poll showed.
Despite external trade headwinds and tight domestic monetary conditions, Brazil's finance ministry has upgraded its 2025 economic outlook.
President Donald Trump is threatening to impose 50% tariffs on Brazilian imports — a move that could spike prices of breakfast staples like coffee and orange juice.
The executive secretary of Brazil's Finance Ministry said on Tuesday that a slowdown in twelve-month inflation in May and June should open an opportunity for the central bank to revise the monetary policy stance.
In Brazil, annual inflation accelerated in September to 4.42%, in line with market expectations but above the 4.24% reported in the previous month, ...
Brazil's central bank expressed confidence in its capacity for keeping inflation close to the official target until the end of 2027.
President Donald Trump escalated his trade war, imposing new tariffs on Brazil and announcing fresh duties on copper imports.