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Super Wednesday and risk of recession: expectations of higher interest rates in Brazil and the USA

THE “Super Wednesday” arrived, and with it market expectations about interest rate hikes in the US and Brazil.

Here, the Selic is expected to rise by 1 percentage point, reaching 12.75% per year, while in the United States, interest rates are expected to rise by 0.50 percentage point, something that has not happened since 2000.

These highs are already expected by the market, which will keep an eye out for signs from central banks about what is to come at the next meetings.

The consequence of the aggressive increase in interest rates by the Fed (US central bank) generates fears about a possible recession in the main economy of the world, which has alarmed the banks.

Another highlight is the sixth round of sanctions by the European Union on Russia, whose main factor is the implementation of a gradual embargo on Russian oil and refined products.

European Commission President Ursula von der Leyen has proposed a complete ban on imports of Russian oil, which has sent prices soaring.

Presented by Thais Herédia and Priscila Yasbek, the CNN Money presents a balance of news issues that influence markets, finances and the direction of society and the dynamics of power in Brazil and in the world.

Listen to past episodes of the podcast:

Episode 05/02 – Market awaits decision on interest rates in Brazil and the US on “Super Wednesday”; IPI has limited effect

Episode 04/29 – April may be the worst scholarship month in 2 years; market monitors big tech performance –

Episode 04/28 – Facebook and balance sheets boost stocks; the collapse of the yen; and null IPOs of 2022

Episode 04/27 – Russia cuts gas to Poland and Bulgaria; Deutsche sees interest at 6% in US; and dollar in BRL 5

Episode 4/26 – The Future of Musk’s Twitter; interest takes 9 months to hit the economy; lockdown in China

Episode 4/25 – Markets plummet with fears over Beijing lockdown and US interest rates

Episode 04/22: Fed stirs up market with tougher speech, and Brazil does not escape global bad mood

Episode 04/21: Eletrobras trial pause worries, but market remains optimistic about capitalization

Episode 04/20 – Bento Albuquerque presses TCU for capitalization of Eletrobras

Episode 04/19 – Cryptocurrency Milestone Can Be Voted Today; IMF and the risk of stablecoins

Episode 4/18 – Inflation, economic growth and war in Ukraine dominate debate at IMF meeting

Episode 04/15 – Petrobras CEO’s first speech pleases the market; budget and minimum wage 2023

Episode 04/14 – End of the Petrobras telenovela; US threatened as a safe haven for investments

Episode 04/13 – Petrobras Assembly goes beyond the change of command; US inflation brings relief

Episode 04/12 – US Inflation Haunts Markets; green flag until December; and record default

Episode 04/11 – Strike in BC keeps Copom without data; French elections affect the market

Episode 08/04 – With a new record in the price of food, inflation is the biggest problem in the world today

Episode 07/04 – Petrobras in the last chapter and Eletrobras waiting for privatization

Episode 06/04 – The whole world is waiting for what the Fed says about high inflation in the US

Episode 05/04 – How the market reacts and what it expects from the new candidate for the presidency of Petrobras

Episode 04/04 – See what to expect from Petrobras shares after a weekend of surprises

Also check out the other podcasts from CNN Brazil and subscribe to the channel on YouTube.

Source: CNN Brasil

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