BRASILIA, March 14 (Reuters) – Brazil’s finance minister Fernando Haddad said the economy may grow as much as 1% in the first quarter and signaled that full-year expansion will depend on the path of interest rates, as expectations for the start of monetary easing are clouded by surging oil prices.
In an interview with local outlet Opera Mundi late on Friday, Haddad said gross domestic product between January and March likely rose 0.8% to 1% from the previous quarter, supported by government measures to spur credit and domestic demand under President Luiz Inacio Lula da Silva.
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For the full year, growth above 2%
Brazil’s Haddad sees up to 1% first-quarter growth, 2026 depends on rates
