Market projections for inflation this year were revised downwards for the sixth consecutive week on Monday (3), according to the Focus Report released by the Central Bank. The estimate for the IPCA fell from 4.56% to 4.55%. The forecast for the dollar, on the other hand, remained at R$ 5.41. The GDP forecast remained at 2.16%. Meanwhile, the projection for the basic interest rate this year remained at 15% for the nineteenth consecutive week.
Focus Report: Inflation Projections Drop for the 6th Consecutive Time
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