Latin America News
LAST UPDATE: June 17, 2025
Brazil 2025 Inflation Forecasts Fall Ahead of Key Rate Decision
A Bloomberg weekly survey showed economists lowered their year-end inflation forecast in Brazil to 5.25% (from 5.44%), just ahead of the central bank’s June policy meeting scheduled for June 17–18 .
Insight
The revised forecast offers the central bank flexibility to possibly pause rate hikes, easing pressure on households and businesses while still navigating inflation above target.
Canada Home Sales Up for First Time in Six Months on Trade Hopes
May saw a 3.6% rise in home sales from April—the first monthly uptick since November—driven by improved buyer sentiment amid easing trade tensions. However, year-on-year sales and prices remain down .
Insight
The monthly recovery suggests a cooling but stabilizing housing market, indicating growing affordability. If sustained, this could feed into broader consumer confidence and economic growth.
