Our partner and chief economist, Luis Otavio Leal, welcomed Fernando Honorato, chief economist at Bradesco, for a chat on macroeconomic issues.
During the conversation, they addressed relevant topics, such as the recent upgrade of Brazil’s rating by the rating agency Moody’s, the sustainability of the fiscal framework, the chances of reaching the 3.0% inflation target within the current structure of the Brazilian economy and, consequently, what the best strategy for monetary policy in Brazil is. In addition, they shared their impressions about the new president of the Central Bank.
On the international scene, they assessed the slowdown in the Chinese economy and its impacts on global GDP, and how the American elections could influence the rest of the world depending on who wins the election, Donald Trump or Kamala Harris.