cryptoearngamesandroid| Brazil's central bank raises the country's 2024 economic growth forecast to 2.09%

Gelonghui May 13| On the 13th local time, the Central Bank of Brazil set its forecast for the country's 2024 gross domestic product (GDP) growth from 2cryptoearngamesandroid.05% increased to 2cryptoearngamesandroid.09%cryptoearngamesandroid, growth expectations for 2025 remain at 2%. in additioncryptoearngamesandroid, Brazil's central bank raised its forecast for the country's 2024 inflation rate from 3.72% to 3.76%, and raised its forecast for 2025 inflation rate from 3.64% to 3.66%. In order to achieve the inflation target and curb price increases, the Central Bank of Brazil lowered the country's benchmark interest rate seven consecutive times. On May 8, the central bank lowered the benchmark interest rate from 10.75% to 10.50%.