BRASILIA (Reuters) – Brazil’s central bank bumped up its 2024 economic growth forecast to 2.3% from the 1.9% predicted in March, according to its quarterly inflation report released on Thursday.
It also increased its 2024 bank lending projection to a 10.8% growth, compared to 9.4% before. Policymakers now anticipate a larger current account deficit of $53 billion this year, higher than the previously estimated $48 billion.
(Reporting by Marcela Ayres; Editing by Gabriel Araujo)
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