Historically Low Interest Rates Will Boost Brazil Growth

  • Economic activity in Brazil is expected to accelerate modestly over the coming quarters.
  • Consumption and investment will drive growth, underpinned by historically low interest rates and strengthening sentiment among consumers and businesses.
  • Fitch has revised its real GDP growth forecast to 2.3% in 2020, from 2.0% previously.

(Source: Fitch)