A Brazilian Central Bank poll shows financial market players are expecting inflation this year to be higher than in the last week.
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The economic expansion estimate from financial institutions polled by the Brazilian Central Bank has moved down for the eighth straight week, this time to 1.55%.
Financial institutions polled by the Brazilian Central Bank expect the Brazilian economy to grow 1.76% in 2018. Last week’s forecast called for a 1.94% forecast.
Brazilian financial market players expect the economy to see 2.37% growth this year, down from a prior estimate of 2.50%.
