Brazilian President Dilma Rousseff’s disapproval rating rose in a Vox Populi poll published today, confirming two separate surveys over the past month that showed faster inflation and slower growth eroding her support ahead of general elections in October.
Brazil’s industrial production in December fell by the most in five years, surprising analysts, as the central bank continues to boost interest rates in the world’s second-biggest emerging market. Swap rates fell.
Brazil’s consumer prices rose less in January than economists estimated, reinforcing bets the central bank will slow the pace of interest rate increases in the world’s second-biggest emerging market. Swap rates fell.