Haddad and Tebet discuss fiscal framework; US data stokes interest rate hike fears

The week is coming to an end and, with it, increases the expectation surrounding the release of important economic indicators, both here in Brazil and abroad.

To begin with, this Thursday (9) holds the disclosure of the General Registry of Employed and Unemployed People (Caged), which shows the creation of formal jobs and the number of layoffs in the country — data that helps to assemble the jigsaw puzzle of the 2023 economy.

Attention, however, is fully focused on the meeting that starts at 12:30 am between the Minister of Finance, Fernando Haddad (PT), the Minister of Planning, Simone Tebet (MDB) and other members of the economic wing. On the agenda? The new fiscal framework, which remains on the market’s radar.

outside, cThe US labor market reading for February begins, with the announced layoffs gauged by the number of jobless claims. This is yet another indicator that will influence speculation around the definition of US interest rates.

The US department of labor has already started releasing some data on Wednesday, which shows that job openings there fell to almost 11 million in January – a drop of 6.5% compared to December.

The results indicate that the country’s economic conditions remain restrictive, paving the way for the Federal Reserve (Fed, the US central bank) to raise interest rates for a longer period.

In this Thursday’s episode, the CNN Money he also talks about the future of the Student Financing Fund (Fies), after signals from the Ministry of Education to resume funding for higher education, and further developments in the Americanas case.

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

*Posted by Tamara Nassif

Source: CNN Brasil

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