Future interest rates pressured by lack of definition of Lula’s economic policy

The week enters a decisive day for the Overflow PEC , which must be voted on and may have a part of the path of next year’s budget defined. the president elect Luiz Inácio Lula da Silva (PT) and his team evaluate the steps to be taken in the midst of Gilmar Mendes’ decision on Bolsa Família and the suppression of the secret budget by the STF.

The political uncertainties of the last few months, which caused the financial market volatility observed and felt in the stock exchange and in the exchange rate, were not reflected with such intensity in the yield curve. However, in the last two months, the yield curve changed levels – it went up and did not go down anymore. It reached a high of 100 basis points, an unusual event in Brazilian history.

Presented by Thais Heredia, the CNN Money it presents a balance of the news subjects that influence the markets, finances and the direction of society and the dynamics of power in Brazil and in the world.

Source: CNN Brasil

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