Lula’s election win leaves Brazil facing a fiscal tightrope

CNBC · World

Published 28 Oct 2026, 3:12 am·1 h ago·1 min read

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Lula’s election victory rattled Brazilian markets and set up a fiscal test as he weighs costly campaign promises against pressure to rein in spending.

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Lula’s election win leaves Brazil facing a fiscal tightrope

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