{"id":53388,"date":"2016-02-22T12:49:00","date_gmt":"2016-02-22T14:49:00","guid":{"rendered":"https:\/\/escaesco.com.br\/lab\/anba\/market-sees-gdp-shrinking-further\/"},"modified":"2019-06-30T12:54:31","modified_gmt":"2019-06-30T15:54:31","slug":"market-sees-gdp-shrinking-further","status":"publish","type":"post","link":"https:\/\/anba.com.br\/en\/market-sees-gdp-shrinking-further\/","title":{"rendered":"Market sees GDP shrinking further"},"content":{"rendered":"<p>S&atilde;o Paulo &ndash; Projections from market players regarding the Brazilian economy keep getting worse, according to the Focus Bulletin issued this Monday (22) by the Central Bank. The bulletin is a weekly poll of financial institutions conducted by the monetary authority. It shows that the Gross Domestic Product (GDP) is expected to drop 3.4% this year. Last week&rsquo;s forecast had been 3.33%. <\/p>\n<p>The bulletin also reports that market players see inflation reaching 7.62% this year, up from 7.61% last week. The benchmark interest rate forecast for the end of 2016 is 14.25%. The US dollar is expected to be worth BRL 4.36 at the end of 2016, and BRL 4.40 at the end of 2017.<\/p>\n<p><strong>*Translated by Gabriel Pomerancblum<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A poll of financial institutions by the Brazilian Central Bank shows that the Gross Domestic Product is expected to shrink 3.4% this year.<\/p>\n","protected":false},"author":2316,"featured_media":0,"comment_status":"closed","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":[],"class_list":{"0":"post-53388","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-economy"},"wps_subtitle":"A poll of financial institutions by the Brazilian Central Bank shows that the Gross Domestic Product is expected to shrink 3.4% this year.","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/53388","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\/2316"}],"replies":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/comments?post=53388"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/53388\/revisions"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=53388"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=53388"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=53388"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}