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Brazil: the mood is still good (Helaba)

Frankfurt (www.aktiencheck.de) – No matter who wins the ballot for the president of Brazil on October 30, he will have to lead the country in a difficult global economic environment, according to analysts at Helaba.

Sentiment in industry and among consumers is set to deteriorate in 2023. The necessary fiscal consolidation will probably have to wait. If the economy were to cool down, the central bank would likely be watching with rate cuts. (11.10.2022 / ac / a / m)

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