Brazil’s Opinion of Temer So Far

17.05.2016 • Emerging Markets

From the Daily Pro (BRAZIL) –

How’s the start to the new Temer government?
In anticipation, the first post-Dilma Focus report showed a worsening in market projections for economic activity this year, with a median of forecasts showing a decrease of 3.88% (against 3.86% the previous week).
In turn, the inflation expectation is rapidly converging close to target measures; market expects an IPCA of 7% this year and around 5.5% in 2017.

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