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Moody’s sees no major post-election turbulence in Brazil

Rating agency Moody's Investors Service said yesterday(13) that its baseline scenario for Brazil does not foresee any significant disruptions following the presidential election.

At the same time, however, it warned that any continued uncertainty about the direction of the country's economic and fiscal policies would affect its outlook.

In a report on sector expectations, Moody's said that the prospect of a post-election environment without significant turbulence would exist in the event of both re-elections of incumbent President Jair Bolsonaro (PL, right) and a victory for former President Luiz Inácio Lula da Silva (PT . . .

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