Brazil Reports 0.4% Growth Rate

Brazil’s national statistics agency announced today that the country’s gross domestic product expanded 0.4% over the previous three months, the fastest pace in a year.

Peru Likely to Keep 4.25% Rate as Prices Ease and Economy Booms

Peru’s policy makers will probably leave the benchmark interest rate unchanged for a 15th consecutive month today as inflation slows and economic growth outperforms regional peers.