JPMorgan, Itaú, and Santander anticipate an earlier cut in Selic rate

Major banks JPMorgan, Santander, and Itaú Unibanco now predict Brazil's Central Bank will make its first interest rate cut in September, two months earlier than previously expected. This follows improvements in inflation data and projections, writes Bloomberg. According to a recent report, JPMorgan predicts a quicker onset to the easing cycle. The Bank anticipates the […]