Still queuing off Brazil

A few years ago, Brazil’s central bank was the first to increase interest rates.
My article (written June 16, 2023) discusses that topic and has links to related posts.

https://robzdravevski.com/2023/06/16/brazilians-do-it-better/

Now, Brazil‘s central bank is the first to reduce its interest rate.

It’s worth tuning in to their cycle.

The charts attached pinpoint the moment when I wrote that June 16, 2023 note and the evolution of my calls that inflation would rise (in the interim) and that interest rates would towards 9%.

May 10, 2024
by Rob Zdravevski
rob@karriasset.com.au