Brazil's 82.9% GDP debt burdens next government; Selic seen 11-14% by 2027

Investor Bruno Corano warns that Brazil's gross public debt at 82.9% of GDP will constrain the next administration, projecting the Selic policy rate between 11% and 14% by end-2027 depending on the runoff winner. The Lula government's own estimate puts average interest rates at 12.53% next year, highlighting fiscal and monetary uncertainty ahead of the second round.

AI disclosure: Model-written summary of the source, not a verified fact. Check the sources. How Mosaic works