President of the Central Bank warns about critical situation of Ibovespa this week

by James Williams
0 comments
President of the Central Bank warns about critical situation of
Follow Us

Follow Us @

President of the Central Bank warns about critical situation of Ibovespa this week
welcome to afrilatest, receive alerts for Youth opportunities, Money, Investment opportunities and lots more!

This week there could be a lot of fluctuations in shares related to interest rates, involving retail trade and the construction sector. In the previous week, B3 consumption showed a drop of 4.14% against a 3% decline in Ibovespa. Permanent inflation in the United States and a worsening in the Brazilian scenario bring back investor distrust. On May 30th, Thursday, it will be a Corpus Christi holiday and the IPCA-15, known as the inflation preview, will be able to say whether or not the inflationary dragon is actually returning to activity.


Embed from Getty Images

Campos Neto, President of the Central Bank at the National Congress in Brasília in 2023 (Photo: reproduction/Bloomberg/GettyImages Embed)


President of the Central Bank is afraid of possible inflation

The president of the Central Bank, Roberto Campos Neto, expressed concern about the situation. According to him, the expectation of inflation is bad news, which caused the stock market to go into the red and affected future interest rates. The president also warns that possible impacts on prices due to the tragedy that will devastate Rio Grande do Sul throughout 2025, however, expectations of economic activity are not taking into account the losses caused by the floods.

“As this global debt issue becomes fiscally clearer for governments. Campos Neto exemplifies the situation: Pcountries in Latin America with plans to have better primary results, to have positive shocks in this fiscal dimension”. declared the president of the Central Bank during the Tenth Annual Monetary Policy Seminar, held by the Center for Monetary Studies.

Ibovespa situation is worrying

Bianca Passerini and Breno Rao are chart analysts at PagBank and for both of them, the Ibovespa continues to follow a correction process and is on an upward trend on the weekly charts, thus creating a downward channel configuration. With six consecutive days of declines, the market was in a bad mood after the speeches by Campos Neto, president of the Central Bank. The situation became more complicated as Vale and Petrobras ended the day in decline, making the Ibovespa situation more complicated. The index ended down 0.34% at 124,305.57 points, increasing by 3.00% over the course of the week. Therefore, Ibovespa closed in a situation opposite to the positive flow on Wall Street.

Featured Photo: Ibovespa Panel (Reproduction/Reuters/Amanda Perobelli)

Follow AFRILATEST on Google News  and receive alerts for Youth opportunities, Money, Investment opportunities and more!

President of the Central Bank warns about critical situation of Ibovespa this week

SHARE POST AND EARN REWARDS:

Join our Audience reward campaign and make money reading articles, shares, likes and comment – President of the Central Bank warns about critical situation of Ibovespa this week
>> Join reward Program

FIRST TIME REACTIONS:

Be the first to leave us a comment – President of the Central Bank warns about critical situation of Ibovespa this week
, down the comment section. click allow to follow this topic and get firsthand daily updates.

JOIN US ON OUR SOCIAL MEDIA: << FACEBOOK >> | << WHATSAPP >> | << TELEGRAM >> | << TWITTER >

President of the Central Bank warns about critical situation of Ibovespa this week

#President #Central #Bank #warns #critical #situation #Ibovespa #week

You may also like

Leave a Comment

Our Company

The latest celebrity gossip and entertainment news, fashion trends & sports. 

Newsletter

Laest News