Elizabeth Johnson

Managing Director, Brazil Research

Grace Fan

Director, Brazil/Latin America Research

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Recent Brazil research

* Brazil: New electoral rules for 2018, Grace Fan, Elizabeth Johnson, 12 Oct 2017
* Brazil: Little time left for reform, Elizabeth Johnson, Grace Fan, 5 Oct 2017
* Brazil: Foreign investors buoy energy auctions, Elizabeth Johnson, Grace Fan, 28 Sep 2017
* Brazil: Foreign investors buoy energy auctions, Elizabeth Johnson, Grace Fan, 28 Sep 2017
* Brazil: Temer shifts back to survival mode, Grace Fan, Elizabeth Johnson, 20 Sep 2017

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Brazil: Economic outlook going from bad to worse

Overview

At a time when the global scenario leaves little room for missteps, Banco Central President Alexandre Tombini has once again failed to send the right message to the market. Although our view is that raising interest rates in the current environment would have had a limited impact on controlling inflation, Tombini’s loss of credibility with markets contributes to the environment of uncertainty. In the nearly two months that have passed since the November Monetary Policy Committee...

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