Brazil economists raise inflation, rate forecasts after Lula reelection

SAO PAULO, Nov 3 (Reuters) - Private-sector economists raised their forecasts for Brazil's inflation and interest rates in the first weekly central bank poll since left-wing President Luiz Inacio Lula da Silva's reelection on October 25, the survey showed on Tuesday.

The forecast for inflation at the end of 2027 ⁠rose to 4.76% from 4.34%, while expectations for the central bank's benchmark interest rate increased to 13.50% from 13.25% for end-2026 and to 12.50% from 11.75% for end-2027.

Reporting by Camila Moreira; Writing by Gabriel Araujo; Editing by Louise Heavens