Brazil's Economic Outlook: High Interest Rates and Dollar Volatility Pose Challenges for Businesses

Brazil's Economic Headwinds: Brookfield President Discusses Challenges and Long-Term Strategies Brazil's current economic climate presents significant hurdles for businesses, according to Roberto Perroni, president of Brookfield's Brazilian operations. In a recent interview with Jovem Pan News, Perroni highlighted high interest rates and the volatility of the dollar as major obstacles. "High interest rates always create an obstacle," Perroni stated, "because when we make investments in Brazil, we often use financing, and high interest rates make this more difficult." He also noted the concerns of foreign investors regarding the fluctuating value of the dollar. Despite these challenges, Perroni remains optimistic about long-term investments in Brazil, stating that Brookfield typically analyzes investments over a ten-year horizon. This long-term perspective allows them to navigate short-term economic fluctuations and focus on sustainable growth. Perroni's insights offer valuable perspective on the complexities of investing in Brazil and the strategies employed by major players to succeed in this dynamic market.