Brazil Banks Cut 2027 GDP Forecasts to as Low as 0.3% - News and Statistics
Published . Updated .
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Brazilian banks including Bradesco and XP slashed 2027 GDP growth forecasts to 0.3%-0.6%, far below the government's 2.46% budget estimate, as restrictive interest rates and weaker confidence threaten Lula's spending and fiscal plans.
Directly affected
- No company is named in this report.
Indirectly affected
- XLF Financial Select Sector SPDR-1.5% 30d
Financial Select Sector SPDR: it holds banks. Linked by “banks” (banks) in this story.
- KRE SPDR S&P Regional Banking ETF-1.9% 30d
SPDR S&P Regional Banking ETF: it holds banks. Linked by “banks” (banks) in this story.
- EWZ iShares MSCI Brazil ETF-15.1% 30d
iShares MSCI Brazil ETF holds stocks listed in Brazil, which this story is about (“brazil”).
- CEW WisdomTree Emerging Currency Strategy Fund
WisdomTree Emerging Currency Strategy Fund holds emerging-market currencies, which move on news like this from Brazil.
- EMB iShares J.P. Morgan USD Emerging Markets Bond ETF+0.3% 6d
iShares J.P. Morgan USD Emerging Markets Bond ETF holds emerging-market government bonds, which react to inflation and interest-rate news like this one in Brazil
- EMLC VanEck J.P. Morgan EM Local Currency Bond ETF-2.9% 30d
VanEck J.P. Morgan EM Local Currency Bond ETF holds emerging-market bonds in local currencies, which move with rate and currency news like this from Brazil.
- EEM iShares MSCI Emerging Markets ETF-4.4% 17d
iShares MSCI Emerging Markets ETF is a broad fund of emerging-market stocks that includes Brazil
- JPM JPMorgan Chase+0.1% 30d
JPMorgan Chase (national commercial banks): banks' earnings move with lending, deposits and rates. Linked by “banks” (banks) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| XLF | -1.74% | -0.61% | base | -0.39% | after close | after close | after close |
| KRE | -0.40% | +0.75% | base | -0.15% | after close | after close | after close |
| EWZ | +2.20% | -0.08% | base | +0.77% | after close | after close | after close |
| CEW | +0.00% | +0.00% | base | — | after close | after close | after close |
| EMB | +0.02% | -0.54% | base | -0.04% | after close | after close | after close |
| EMLC | -0.28% | -0.71% | base | -0.08% | after close | after close | after close |
| EEM | +5.12% | +5.25% | base | +2.17% | after close | after close | after close |
| JPM | -0.08% | +0.17% | base | -0.88% | after close | after close | after close |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
Brazil Banks Cut 2027 GDP Forecasts to as Low as 0.3% - News and Statistics IndexBox
Source: IndexBox
This story
| Company | When | Move | Status |
|---|---|---|---|
| CEW | three days earlier | 0.00% | final price |
| CEW | five days earlier | 0.00% | final price |
| EEM | that day | +2.17% | final price |
| EEM | three days earlier | +5.25% | final price |
| EEM | five days earlier | +5.12% | final price |
| EMB | that day | -0.04% | final price |
| EMB | three days earlier | -0.54% | final price |
| EMB | five days earlier | +0.02% | final price |
| EMLC | that day | -0.08% | final price |
| EMLC | three days earlier | -0.71% | final price |
| EMLC | five days earlier | -0.28% | final price |
| EWZ | that day | +0.77% | final price |
| EWZ | three days earlier | -0.08% | final price |
| EWZ | five days earlier | +2.20% | final price |
| JPM | that day | -0.88% | final price |
| JPM | three days earlier | +0.17% | final price |
| JPM | five days earlier | -0.08% | final price |
| KRE | that day | -0.15% | final price |
| KRE | three days earlier | +0.75% | final price |
| KRE | five days earlier | -0.40% | final price |
| XLF | that day | -0.39% | final price |
| XLF | three days earlier | -0.61% | final price |
| XLF | five days earlier | -1.74% | final price |
This story
- Sen. Sheldon Whitehouse sold Jpmorgan Chase (JPM) (held by a spouse), worth $15,001 - $50,000 on 4 Sep 2026. That is 63 days before publication. Filed 1 Oct 2026. View the filing.
- Sen. Sheldon Whitehouse sold Jpmorgan Chase (JPM), worth $15,001 - $50,000 on 4 Sep 2026. That is 63 days before publication. Filed 1 Oct 2026. View the filing.
- Rep. Rohit Khanna bought Jpmorgan Chase (JPM) (held by a spouse), worth $100,001 - $250,000 on 27 Aug 2026. That is 71 days before publication. Filed 4 Sep 2026. View the filing.
Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).
This story
12 out of 100
“Brazil Banks Cut 2027 GDP Forecasts to as Low as 0.3% - News and Statistics” scores 12 out of 100. The score uses 1 sources.