Macro - Weekly Briefings - Emerging Markets
We expect the recent fiscal concerns that drove a sell-off in Brazilian assets will be temporary and interest rates to have peaked. We find that, although fiscal sentiment has worsened during the last few months, expectations of the long-run public debt-to-GDP ratio are slowly coming down from end-2022, when this mandate started.
- Please Note: Due to the brevity and/or nature of the content posted, there is no table of contents available for this report.
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