Brazil Mid-Year Economic Review and Implications for Credit

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As we pass mid-year Brazil’s economy continues to suffer more than even the most pessimistic economic predictions.  Almost every indicator is worse than the most negative outlook.  Interest rates and inflation are higher than expected.  Industrial Production is lower than expected. The result record levels of delinquencies and massive renegotiation of debt.

Follow this link to read the report.  Brazil Rate Review and Market ExpectationsFinal

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