Brazil’s economy grows 3.4% in 2024 but year-end weakness signals fewer rate hikes
By Marcela Ayres BRASILIA (Reuters) -Brazil’s economy grew 3.4% in 2024, the strongest since the post-pandemic rebound, but momentum slowed more than expected in the fourth quarter as restrictive monetary policy weighed on activity, fueling bets of an earlier end to the rate hike cycle. The annual growth of Latin America’s largest economy, reported on …
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