Moody’s to Review Brazil Sovereign Rating

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Moody’s Investors Service is preparing a highly anticipated review of Brazil’s credit rating with a visit to Brazilian policymakers and economists this week, market sources and the ratings agency said on Monday.

Many analysts expect Moody’s to downgrade Brazil’s Baa2 credit rating by one notch at the end of its review process. Some fear it may also slap a negative outlook on the new rating, signaling the country’s investment-grade rating is at risk.

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