Economics
Brazilian Economists Predict Faster Growth, Inflation in 2010
This article is for subscribers only.
Economists covering the Brazilian economy expect accelerating economic growth and faster inflation in Brazil this year, cementing expectations that the central bank may raise rates in the first quarter of 2011.
The economy will expand 7.53 percent in 2010, up from a week-earlier forecast of 7.47 percent, according to the median forecast in a Sept. 24 central bank survey of about 100 economists published today. That would be the fastest growth since 1985, when the economy expanded 7.85 percent.