HALISTER1: Brazil Will Take a While to Regain Investment Grade: Fitch

Brazil Will Take a While to Regain Investment Grade: Fitch

(Bloomberg) -- Outlook for Brazil is still negative, Fitch director Jayme Bartling said at an event in Sao Paulo.
  • Brazil needs to overcome political instability
  • We must wait to see the impact that measures announced by the govt will have on the Brazilian economy
  • Business environment in Brazil have worsened, drop in commodity prices also weigh on economy
  • NOTE: Brazil Govt Said to Expect Possible Investment Grade Return in ’17: Estado
  • NOTE: Fitch rates Brazil BB
Alert: HALISTER1
Source: BFW (Bloomberg First Word)

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Jayme Bartling (Fitch Ratings Ltd)

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