(Image: Reuters/Ueslei Marcelino)
The president of Banco Central, Roberto Campos Netowill participate in a lecture at J. Safra Brazil Conference 2024event of the Safra Bankthis Tuesday (24). In addition, today's economic agenda includes the release of the minutes of the Monetary Policy Committee in the morning.
Last week, Copom chose to increase the Selic rate by 0.25 percentage points, to 10.75% per year, indicating a greater risk of rising inflation.
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“The scenario, marked by resilience in activity, pressures in the labor market, a positive output gap, rising inflation projections and unanchored expectations, demands a more contractionary monetary policy,” the directors said in the statement.
The Committee also highlighted that there is an upward asymmetry in its balance of risks for prospective inflation scenarios.
Check out the economic agenda for this Tuesday (24)
| Time | Country | Indicator |
|---|---|---|
| 05h00 | Germany | Ifo Business Climate Index (September) |
| 08h00 | Brazil | Copom Minutes |
| 08h00 | Brazil | Consumer Confidence Index (September) |
| 10h00 | USA | House Price Index (July) |
| 11:00 a.m. | USA | Consumer Confidence Index (September) |
| 5:30 p.m. | USA | API Crude Oil Inventories (Weekly) |