Brazil to grow 7% in 2010, forecasts JPMorgan

The Brazilian economy must grow 7% in 2010, according to JPMorgan. If achieved, the annual rate will be the highest since 1986 when Brazil’s GDP grew 7.5%. The JPMorgan’s forecast is more optimistic, though, than those from some others international institutions’ and the average growth estimated by several economists contacted by Brazil’s Central Bank, whom expected a more modest growth of 5.6% for the period. ...Read the full blog on www.animalagnet.com.