Brazil to see controlled inflation in 2024, says central bank

BRASILIA, July 15 (Xinhua) -- Brazil's financial market reduced its inflation forecast for 2024 from 4.02 to 4 percent and raised the forecast for 2025 from 3.88 to 3.90 percent, the central bank said Monday.

The bank's weekly "Focus" survey of the country's leading financial institutions showed that this was the first reduction in the inflation forecast following several weeks of deteriorating expectations, wit