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Brazil's economy is set to cool this year, a Reuters survey found, amid an intensifying tug of war between the government and some lawmakers over which sector should pick up the tab for adjustments needed to meet ambitious budget goals. Gross domestic product (GDP) increased more than expected in 2023 partly due to improved investor optimism over Finance Minister Fernando Haddad's efforts to rectify deep imbalances. The country's fiscal side "remains the weakest link among its macroeconomic fundamentals," Rabobank analysts wrote in a report, warning of a possible ris...

Brazil's economy is set to cool this year, a Reuters survey found, amid an intensifying tug of war between the government and some lawmakers over which sector should pick up the tab for...

By Jeffrey T. Lewis SÃO PAULO--Brazil's inflation accelerated in August after power bills rose, but that shouldn't stop the country's central bank from...

By Jeffrey T. Lewis SÃO PAULO--The Brazilian government's proposal to limit spending increases and to balance its primary budget next year while also increasing funding to help the country's poorest residents is a step in the right direction, desp... | Mar. 30

The central bank decided recently to keep the Selic benchmark interest rate unchanged at 13.75%.