Small font size A Larger text size A Largest text size A

Brazil's GDP up 0.4% in third quarter

BY Reuters | ECONOMIC | 12/01/22 07:03 AM EST

BRASILIA, Dec 1 (Reuters) - Brazil's economy rose 0.4% in the three months to September, government statistics agency IBGE said on Thursday, below the 0.7% growth expected by economists polled by Reuters.

Latin America's largest economy expanded by 3.6% from the third quarter of 2021, while economists projected a 3.7% increase. (Reporting by Marcela Ayres; Editing by Steven Grattan)

More Fixed Income News

GLOBAL MARKETS-Asian equities hit 9-month high as recession fears ebb BY Reuters |ECONOMIC 10:48 PM EST
Japan PM says can't rule out return of deflation despite price spike BY Reuters |ECONOMIC 10:44 PM EST
El-Erian Argues 50 Bps Rate Hike May Help Reverse Damage To Fed's 'Inflation-Fighting Credentials' BY |ECONOMIC 10:34 PM EST
Asian equities hit 9-month high as recession fears ebb BY Reuters |ECONOMIC 09:01 PM EST

All Fixed Income News

In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.

Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.

fir_news_article