Economics
Deluded and Disappointed, Economists Rethink Brazil's Future
- Economy seen contracting in 1Q, potential GDP is revised down
- Market’s approval of Bolsonaro tumbled in just four months
Photographer: Carl de Souza/AFP via Gettt Images
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With Latin America’s largest economy forecast to contract in the first quarter, economists are poring over their models to figure how Brazil’s recovery eluded them for a third year.