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Brazil Adds Stimulus to Series of Policy Reversals

Wall Street Journal Original article ›

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Brazil's growth in 2011 is expected to come in at 3%, much lower than expected. This is a sharp decline from 7% growth in 2010. A modest stimulus of $1.5 billion through tax cuts was announced by the Brazilian government. Brazil's central bank made three successive cuts in interest rates to counteract the slowdown in the economy.

Brazil's economy in 2010-2015

01/03/2010

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