Brazil Weekly

Senate set to take center stage in the remainder of 2019

Good morning! In this week’s issue: The Senate is set to take center stage in Brazilian politics. Deforestation data becomes new battleground for President Bolsonaro. How markets performed this week. And the main facts of the week.

The week in review

Economy. Brazil’s Central Bank started what could be the first of multiple cuts to the Selic benchmark interest rate, taking it down to 6%. The move aims at making credit cheaper, thus stimulating investments and consumption. Recent unemployment data, which shows a positive downward trend in the number of Brazilians out of a job, could also help...

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