Brazil’s Inflation Outlook Keeps Cooling as Markets Signal Confidence in March Rate Cut

2026-02-09 - 13:35

Key Points — The market’s median 2026 IPCA forecast fell for a fifth straight week to 3.97%, edging closer to the Central Bank’s 3% target and reinforcing the case for monetary easing to begin in March. — GDP growth expectations remain stuck at a sluggish 1.80% for a ninth consecutive week, reflecting the toll of