Central Bank’s Focus survey of market expectations, which was released Tuesday morning, was more or less within the expectations, but the high inflation projected for 2023 poses a challenge for the Monetary Policy Committee (Copom). The inflation expected by the market was 4%, well above the target set for the year, of 3.25%, on a […]
After more than 30 years of disputes in courts, the Brazilian government has reached an agreement with pension funds to pay in installments R$8.8 billion in court-ordered debts — the so-called “precatórios” — starting in 2023. This debt refers to a judicial battle started in 1991, when pension organizations disputed the way bonds of the […]
In the first quarter of the year, Brazil saw a trade surplus of $3.7 billion in oil and oil products, 31% of the total trade balance of the period, even though, under pressure resulting from the war between Russia and Ukraine, the prices and import volumes of this group of products have grown at a […]