Itau’s Cherman: Brazil GDP to Grow 1% 2017, 4% in 2018
Alert: HALISTER1
Source: BFW (Bloomberg First Word)
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ITUB4 BZ (Itau Unibanco Holding SA)
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UUID: 7947283
(Bloomberg) -- (Translated by Google and reviewed by editors.)
- Brazil’s economy can grow rapidly; the issue is when it will start to grow, said Itau Unibanco chief economist Luiz Gustavo Cherman at an event in Sao Paulo.
- I expect small GDP growth already in 1Q17
- Uunemployment will peak in Feb. 2018
- Interest rate should close 2017 at 8.25%
- Itau sees inflation at 4.1% in 2017, 3.8% in 2018
- Itau sees the dollar at 3.35 reais at the end of 2017, 3.45 reais at the end of 2018
Alert: HALISTER1
Source: BFW (Bloomberg First Word)
Tickers
ITUB4 BZ (Itau Unibanco Holding SA)
To de-activate this alert, click here
To modify this alert, click here
UUID: 7947283