by Rising public debt and a large deficit prompted S&P and Fitch to downgrade Brazilian sovereign debt below investment grade in 2015, and Moody’s is expected to follow suit in the coming months. How much will losing its investment-grade rating really affect the economy? What will it take for Brazil to regain investment-grade status, and how long might that take? Hear economist Norbert Gaillard discuss the ramifications of Brazil’s credit rating at the 2016 Latin America Investment Conference.
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Rising public debt and a large deficit prompted S&P and Fitch to downgrade Brazilian sovereign debt below investment grade in 2015, and Moody’s is expected to follow suit in the coming months. How much will losing its investment-grade rating really affect the economy? What will it take for Brazil to regain investment-grade status, and how long might that take? Hear economist Norbert Gaillard discuss the ramifications of Brazil’s credit rating at the 2016 Latin America Investment Conference.