Good morning! Today, we’re talking about how Brazil’s inflation may have already peaked. How PIX has made its mark on e-commerce. Brazilians’ trust in the Armed Forces. And the guest list to Jair Bolsonaro’s international bashing of the voting system.
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Inflation expectations are tumbling (but just for 2022)
Brazil’s IPCA benchmark consumer price index flagged the first deflation in 26 months, as July figures came at -0.68 percent this morning. The...