The investments will be made over three years. “In our case, the required investment is much lower than if we were starting from scratch,” said the company’s CEO, Augusto Cesar Gadelha Vieira. “We already have the infrastructure. With the addition of some equ...
Several factors have contributed to this sharp reduction over the past 40 days. In addition to the monetary authority’s intervention, currency fund managers cited a more measured stance from U.S. President Donald Trump on trade tariffs, expectations of a higher Selic benchmark ra...
“It should be noted, however, that despite the increase over the past year, the CCI remains below the neutrality line (50 points), indicating resilient economic distrust due to the social impacts of economic adjustments made during this period.” Meanwhile, in the United S...
Yet even with a Selic rate of 15.5%, he expects inflation to hover around 6% next year. “It’s an environment where everything signals higher inflation,” he explained. “We’ll see some slowdown, but not a major rise in unemployment or spare capacity. The output ...
XP expects an IPCA of 3.5% for 2024, with an upward bias that could take the index to 3.7%. The projection for the Selic, at 9% by the end of this year, is under review. “There are still many uncertainties, which the COPOM has highlighted when referring to the ...
Since August 2023, the Central Bank has reduced the Selic policy rate to 10.75% per year from 13.75%. Another positive point, according to the economist, is the amount of direct investment Brazil has attracted to the energy sector. Mr. Maloney said it would be interesting...
around R$6 per dollar and long-term real interest rates at a steep 7% annually, adjusted for inflation. Fiscal uncertainties have driven this spike in currency values and interest rates, eroding inflation expectations and pointing to a sharp increase in the Sel...
The Central Bank’s calculations show that each percentage point increase in the Selic rate reduces inflation by 0.24 to 0.27 percentage points, depending on the projection model used. A Focus Survey projection is telling: the consensus among analysts is...
it may reveal little about the terminal Selic rate. In other words, it remains unclear whether the Central Bank believes rates need to exceed 14%. Economic Policy Director Diogo Guillen has emphasized the importance of the trajectory of interest rates, adjuste...
Since taking over the 27,000-square-meter facility, MK has invested R$70 million in updating the plant, licensing the Aiwa brand, and developing products, in addition to transferring part of Mondial’s electronics production from a leased plant in the region to the new industrial uni...