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JPMorgan: Brazil election could unlock 28% upside for Bovespa
InfoMoney·BR·1 day ago
Brazil's social security benefit denial rate reached 50.8% from January to July 2026, nearly matching the pandemic-era record of 50.9% in 2021. This coincides with a 15% increase in Bolsa Família, highlighting potential administrative strain or policy tightening. The high denial rate may signal growing social welfare access issues, with implications for domestic political stability and fiscal policy.