Lula re-election spurs Brazil market selloff fears: stocks down, dollar up, rates higher
Published 14 h ago7 sourcesEvidence: Reported
Brazil's Deputy Finance Minister Durigan stated that measures announced since the first round of elections respect fiscal responsibility, with no fiscal expansion and a projected surplus in 2027. This is a reassurance signal to markets amid concerns over fiscal slippage. The statement aims to anchor expectations but lacks specifics on the measures.
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Published 14 h ago7 sourcesEvidence: Reported
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