BUSINESSTHE RIO TIMES
Brazil Economy Barely Grows in May, Boosting Rate Cut Hopes
Brazil's IBC-Br activity index, a GDP proxy, rose 0.1% in May as agriculture declined 1%, indicating the economy is cooling after a strong start to the year. The weak growth has increased expectations for interest rate cuts.
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- Brazil’s Focus Survey: Inflation Forecasts Fall After Weeks of Rising
- China’s economy slows to 4.3% annual pace of growth in April-June
- China says its economy grew 4.3% in the April-July quarter from a year earlier, slowing from the strong 1st quarter
- China’s economy slows to 4.3% annual pace of growth in April-June