Focus Report: As Dollars and Inflation Climb, Brazil Braces for an Uncertain Future

On Monday morning, Brazilian market analysts, reviewing fresh data, detected a brewing storm as inflation silently crossed the 4% threshold, heralding trouble. Economists analyzing the Central Bank’s July 22nd Focus survey noted the Consumer Price Index (IPCA) increased to 4.05% from 4% after a short break in a nine-week rise. Such spikes are not mere […]