Fear of Easing: Reasons for the High Real Interest Rate in Brazil
Speaker: Octavio de Barros, Chief Economist, Bradesco
Chair: Professor Victor Bulmer-Thomas, Director, Chatham House
Brazil, the UK's most important trading partner in Latin America, has attracted plaudits in recent times for its economic performance. Although growth has been relatively moderate, a 'fiscally responsible' leftist administration has managed to meet inflation targets and maintain a healthy budget surplus. Nonetheless, there are those who question the overall quality of fiscal readjustment.
Join us in welcoming the chief economist of Brazil's largest private bank as he analyses Brazil's economic situation ahead of October's presidential election.