Brazilian Economy: Recent Developments on Inflation, Interest Rates and Growth

22 October 2012



The Brazilian economy posted impressive rates of growth in the past years and became investors’ darling. But not anymore. In spite of a series of stimulatory measures taken by the government, investors are still sceptical that the Brazilian economy will rebound. Moreover, the inflationary truce seems to be over, and the view that interest rates can be maintained as low as they are begins to be questioned, posing an extra challenge for future growth.

Denis Blum talked about those issues and their investment implications. Please see the attached presentation below.


Denis Blum, Senior Economist – Bradesco Corretora

Economist with over ten years’ experience in the Brazilian markets. Prior to joining Bradesco in 2008 Denis worked at Tendencias Consultoria Integrada, the Brazilian Central Bank and management consulting firms such as A.T. Kearney and Accenture. He has a degree in Production Engineering fromEscola Politécnica (USP) and a Master’s Degree in Economics from FEA-USP.



This event was sponsored by:





Picture credits: Brazilian Chamber/Ronaldo Batalini

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