Published on
17:16 GMT
Itaú Lowers Brazil’s Inflation Forecast, Holds Interest Rates Steady Amid Global Trade Uncertainty
Itaú Unibanco, Brazil’s largest private bank, has revised its 2025 inflation forecast downward to 5.5% from 5.7%, citing falling gasoline prices and declining metallic commodity costs. The bank maintained its benchmark Selic rate projection at 15.25% for …
Source:
The Rio Times
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Neutral
