Internal environment indicates possible new projection revisions – 04/19
The political and fiscal scenario in Brazil has shown significant deterioration marginally. Therefore, the devaluation of the real remains higher and has been intensified by the recent speeches of the Central Bank president.
Additionally, we have revised our scenario for 2024 growth from 1.9% to 2.1%, while the external scenario remains predominantly risk-off.
For more information, please check our Weekly Report 60.