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Murray News

Economy exceeds expectations, contraction may be delayed

Monetary policy slows GDP from July, but new fiscal stimuli kick in 07/04/2022 After positive surprises with activity in the first half of the year, the Brazilian economy enters the second half of 2022 under low visibility. Since the data from the beginning of the year started coming in better than expected, analysts expected that […]

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4 de July de 2022/by Gelcy Bueno
Murray News

Simec to inject $300m in steel mill in São Paulo

As of 2024, Mexican group will produce more 500,000 tonnes of steel/year in Pindamonhangaba unit 07/01/2022 Jaime Moncada Ramos — Foto: Claudio Belli/Valor The Mexican group Simec, the third-largest long steel producer in Brazil, unveiled Thursday an investment of $300 million to increase twofold its steel mill located in Pindamonhangaba, 140 kilometers far from São […]

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1 de July de 2022/by Gelcy Bueno
Murray News

Analysis: Central Bank’s inflation scenario affected by economic slack

In practice, this reflects stronger GDP expansion and lower-than-expected unemployment rate 07/01/2022 Central Bank’s building in Brasília — Foto: Jorge William/Agência O Globo It was not only supply shocks and other surprises that made the Central Bank revise upwards its inflation projections. There were also the impacts of the lower-than-estimated degree of economic slack and […]

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1 de July de 2022/by Gelcy Bueno
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  • Ex-diplomat urges diplomacy as Trump targets Brazil with tariffs
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  • Brazil’s tax system deepens inequality, Oxfam says
  • Brazil’s inflation exceeds target ceiling for first time under new rules

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