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Major Brazilian Banks Lower 2027 Economic Growth Forecasts

Reuters · ·by G4L

BBD
BBD Banco Bradesco SA ADR
$2.57 -2.28%
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  1. 1Bradesco lowered its 2027 GDP growth forecast to 0.4%.
  2. 2XP lowered its 2027 GDP growth estimate to 0.3%.
  3. 3The central bank maintained the benchmark interest rate at 13.75% this week.

So what's the key point?

Bradesco and XP have lowered their economic growth expectations for 2027. The central bank kept the benchmark interest rate at 13.75%.

Source Reuters · View original ↗

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