Second Macroeconomic Analysis Seminar debates economic prospects
Event to take place on June 6, in partnership with newspaper O Estado de S. Paulo.
Fundação Getulio Vargas’ Brazilian Institute of Economics (FGV IBRE) and the newspaper O Estado de S. Paulo are holding the Second Macroeconomic Analysis Seminar. This public event will take place on June 6, at 2 p.m., in FGV’s main building in Rio de Janeiro.
Economic activity has recently been stronger and its composition has become more balanced, compared to last year, when agriculture and mining accounted for a large part of GDP growth. However, global uncertainties have increased and growth forecasts have been lowered. In the United States, in addition to doubts about the upcoming presidential election, the Federal Reserve has put the brakes on interest rate cuts.
In Brazil, the Central Bank reduced its pace of interest rate reductions to 0.25 percentage points at its meeting last month, after a series of cuts of 0.5 percentage points, signaling a change in monetary policy conduct. The buoyant labor market, higher wages and resilient service inflation are factors hindering reductions in inflation.
The seminar will feature Armando Castelar, associate researcher at FGV IBRE; José Júlio Senna, head of FGV IBRE’s Center for Monetary Studies; and Silvia Matos, coordinator of FGV IBRE’s Macro Bulletin. The moderator will be O Estado de S. Paulo reporter Luiz Gerbelli.
Venue:
FGV’s main building, 190 Praia de Botafogo, 12th-floor auditorium
Botafogo, Rio de Janeiro
To take part, please sign up here.
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