Brazil to Grow 3% to 4% in Second Half of Year, Setubal Says

By Fabiola Moura

May 20 (Bloomberg) -- The Brazilian economy will grow 3 percent to 4 percent in the second half of 2009, Itau Unibanco Banco Multiplo SA Chief Executive Officer Roberto Setubal said.

“The pace of growth is already there,” Setubal said at an event in New York.

To contact the reporter on this story: Fabiola Moura in New York at fdemoura@bloomberg.net

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