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nt: Thursday, September 03, 2015 4:50 PM Subject: Faria: Brazil Daily Update Brazil's economic outlook deteriorates further According to newspaper Folha de S.Paulo, Finance Minister Joaquim Levy told President Dilma Rousseff on Wednesday that he was becoming increasingly isolated in the federal administration a
t slightly to 9.4% from 9.3%, and our 2016 IPCA projection to 5.9% from 5.4% (mainly due to the weaker FX). We now expect the BRL to finish 2015 at BRL3.70/USD, and 2016 at BRL3.90/USD (instead of BRL3.40/USD and BRL3.65/USD, respectively). Despite the higher inflation, we continue to expect the BCB to cut
nt: Thursday, September 03, 2015 4:50 PM Subject: Faria: Brazil Daily Update Brazil's economic outlook deteriorates further According to newspaper Folha de S.Paulo, Finance Minister Joaquim Levy told President Dilma Rousseff on Wednesday that he was becoming increasingly isolated in the federal administration
t slightly to 9.4% from 9.3%, and our 2016 IPCA projection to 5.9% from 5.4% (mainly due to the weaker FX). We now expect the BRL to finish 2015 at BRL3.70/USD, and 2016 at BRL3.90/USD (instead of BRL3.40/USD and BRL3.65/USD, respectively). Despite the higher inflation, we continue to expect the BCB to cut
eptember 03, 2015 4:50 PM EFTA00685296 Subject: Faria: Brazil Daily Update Brazil's economic outlook deteriorates further According to newspaper Folha de S.Paulo, Finance Minister Joaquim Levy told President Dilma Rousseff on Wednesday that he was becoming increasingly isolated in the federal administration
t slightly to 9.4% from 9.3%, and our 2016 IPCA projection to 5.9% from 5.4% (mainly due to the weaker FX). We now expect the BRL to finish 2015 at BRL3.70/USD, and 2016 at BRL3.90/USD (instead of BRL3.40/USD and BRL3.65/USD, respectively). Despite the higher inflation, we continue to expect the BCB to cut
Entities connected to both Folha de S.Paulo and BRL3.70/USD

Daniel Sabba
PERSONJoaquim Levy
PERSON
Bloomberg L.P.
ORGANIZATION
Jeffrey Epstein
PERSONPetrobras
ORGANIZATIONBloomberg Mobile
ORGANIZATION
Ariane de Rothschild
PERSONFaria
PERSONBrazil Daily
ORGANIZATION
Paul Morris
PERSON
Martha Stewart
PERSONAloizio Mercadante
PERSON
Richard Kahn
PERSONNelson Barbosa
PERSON
Dilma Rousseff
PERSONSELIC
ORGANIZATIONVahe Stepanian
PERSON
Stewart Oldfield
PERSONBrazil Daily Update
ORGANIZATION
Ariane Dwyer
PERSON