{"id":210553,"date":"2019-03-11T10:53:15","date_gmt":"2019-03-11T13:53:15","guid":{"rendered":"https:\/\/anba.com.br\/?p=210553"},"modified":"2019-06-30T12:37:42","modified_gmt":"2019-06-30T15:37:42","slug":"gdp-forecast-from-brazilian-banks-drops","status":"publish","type":"post","link":"https:\/\/anba.com.br\/en\/gdp-forecast-from-brazilian-banks-drops\/","title":{"rendered":"GDP forecast from Brazilian banks drops"},"content":{"rendered":"<p>Bras\u00edlia \u2013 The Gross Domestic Product (GDP) growth forecast from financial institutions polled by the Brazilian Central Bank moved down from 2.30% to 2.28%. The projection was released in the Focus Bulletin, containing the results of a weekly poll of banks covering key economic indicators.<\/p>\n<p>The 2020 GDP forecast climbed from 2.70% to 2.80%. In both 2021 and 2022, Brazil\u2019s economy is expected to show 2.50% growth. Respondents believe the US dollar will be selling for BRL 3.70 by the end of this year and BRL 3.75 in late 2020.<\/p>\n<p>The Extended National Consumer Price Index (IPCA), which gauges inflation in the country, is seen ending this year at 3.87%, up from 3.85% as of last week. Forecasts for the next few years remained unchanged at 4% in 2020 and 3.75% in 2021 and 2022.<\/p>\n<p>Selic, the benchmark interest rate, is expected to remain at the current 6.5% \u2013 an all-time low \u2013 through the end of 2019, before going up to 8% per annum in 2020 and remaining so in 2021 and 2022.<\/p>\n<p><strong>Translated by Gabriel Pomerancblum<\/strong><\/p>\n<div class=\"credits-overlay\" data-target=\".wp-image-210543\">Ag\u00eancia Brasil<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Financial institutions are expecting the Brazilian economy to see 2.28% growth in 2019. The estimate is down than that of last week.<\/p>\n","protected":false},"author":2315,"featured_media":210543,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[91],"tags":[7714,1803,2566,553,31606,3055,1847,2824],"class_list":{"0":"post-210553","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-benchmark-rate","9":"tag-central-bank","10":"tag-focus-bulletin","11":"tag-gdp","12":"tag-inflacao-en","13":"tag-inflation","14":"tag-ipca","15":"tag-selic"},"wps_subtitle":"Financial institutions are expecting the Brazilian economy to see 2.28% growth in 2019. The estimate is down than that of last week.","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/210553","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/users\/2315"}],"replies":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/comments?post=210553"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/210553\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media\/210543"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=210553"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=210553"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=210553"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}