The Minister of Finance, Dario Durigan, assessed on Monday night (4) that, currently, what puts the most pressure on monetary policy is the war in the Middle East.
Asked about a potential negative effect of public accounts on interest rates, Durigan said in an interview with Roda Viva not believe that the tax is the reason for the high interest rates in the country. According to the minister, the inspector could be an explanation, but it should have little weight considering the scenario.
Thus, the head of the economic team pointed out that there is no “silver bullet” that can resolve the issue of high interest rates in the country.
The Copom (Monetary Policy Committee) of the BC (Central Bank) returned to , taking the Selic to the level of 14.5% per year.
The decision was unanimous and was in line with market expectations.
One detail about a word was what caught the most attention in the market: the addition of the word “extension”.
What the market received as a message was that the BC can review how long the interest rate cut cycle will last.
