19-May-2026
Economy News
 
Brazil Lifts Inflation Outlook on Oil Shock, Sees Shallower Rate-Cut Cycle
19-May-2026

Brazil's Finance Ministry on Monday sharply raised its inflation forecast for this year to 4.5% from the 3.7% projected in March, citing the impact of the Middle East conflict on oil and fuel prices and foreseeing a more modest monetary easing cycle. Inflation is now seen at the top of the central bank's official target range, centered at 3% with a tolerance of 1.5 percentage points on either side.

News Source:- https://money.usnews.com/investing/news/articles/2026-05-18/brazil-lifts-inflation-outlook-on-oil-shock-sees-shallower-rate-cut-cycle
 
 
 

Notes:
1. Copyright and ownership of all content from IMC and other IMC sites belongs to IMC except third-party resources
2. Copyright, intellectual property right, ownership or responsibility of error of other content belong to respective sources
3. Please do not reply to this mail

For suggestions and feedback click here.

Disclaimer:
IMC is not responsible for any kind of loss arising due to the information. You are receiving this newsletter because you have subscribed to this service. To unsubscribe click here.
Head Office : IMC Bldg., IMC Marg, Churchgate, Mumbai - 400 020 India  |   Tel : 91-22-22046633  |   Fax : 91-22-22048508 / 22838281
E-Mail : imc@imcnet.org  |   Website : www.imcnet.org