Seminar discusses economic situation in Brazil and abroad
These circumstances will allow less severe monetary tightening, meaning that the cycle of interest rate hikes in the United States will end sooner than previously envisioned.
The economic environment has improved recently, thanks to a significant slowdown in inflation rates, despite positive labor market indicators. There is a growing expectation that it will be possible to get the post-pandemic inflationary surge under control without the need for a recession. In this context, Fundação Getulio Vargas’ Brazilian Institute of Economics (FGV IBRE) is holding its Third Macroeconomic Analysis Seminar, on September 14, at 10 a.m., on FGV’s YouTube channel.
These circumstances will allow less severe monetary tightening, meaning that the cycle of interest rate hikes in the United States will end sooner than previously envisioned. In Brazil, the Central Bank has started to reduce the benchmark Selic interest rate, cutting it 0.5 percentage points, although it has signaled that larger cuts are not yet on the radar in the short term.
The speakers will be Armando Castelar, associate researcher at FGV IBRE; Silvia Matos, coordinator of the institute’s Macro Bulletin; and José Júlio Senna, the head of the FGV IBRE Center for Monetary Studies. The moderator will be Adriana Fernandes, O Estado de S. Paulo special reporter and columnist.
To take part, please sign up here.
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