How much does R$1,000 yield for a year in products? fixed income with the Selic at 10.75% is featured in Money Times this Thursday (19).
O Monetary Policy Committee (Copom) announced this Wednesday (18) the sixth decision of the year on the Selic rate. The collegiate of Banco Central decided to increase it by 0.25 basis points. In this way, the BC returns to monetary tightening.
Thinking about this new maintenance scenario, the Money Times asked W1 Capital to simulate how much a single investment of R$1,000 would yield, over a year, in the products of fixed income.
Check out the main highlights in Money Times and others newspapers this morning.
Economy
Selic at 10.75%: How much does R$1,000 yield for one year in savings, Treasury Direct, LCI and CDB –O Monetary Policy Committee (Copom) announced this Wednesday (18) the sixth decision of the year on the Selic rate. The collegiate of Banco Central decided to increase it by 0.25 basis points. In this way, the BC returns to monetary tightening. – Money Times
Market sees BC statement as harsher than decision – Economic Value
BC inaugurates new cycle of increases, but does not define pace – Poder360
Companies/Markets
AgroGalaxy (AGXY3) files for judicial recovery – A Agrogalaxy (AGXY3) filed for bankruptcy protection this Wednesday (18), close to the market closing. This morning, the company's CEO and 5 board members resigned and Eron Martins took over the company's command. The stock closed down 13.27%, at R$0.98. – Money Times
Moraes awaits explanations from Anatel to decide how to punish X for circumventing blocking – State
Rede D'Or will invest R$7.5 billion by 2028 in beds and expansion – Economic Value
International
Powell rules out US recession, says 0.50 pp cut won't install 'new rhythm' – Despite the beginning of the monetary easing cycle of USA (USA) with a robust cut, the president of Federal Reserve, Jerome Powellsaid that it is not a “new rhythm”. – Money Times
US lawmakers want to cancel visas of Alexandre de Moraes and other STF judges – S. Paulo Newspaper
Big Rate Cut Forces Fed to Contend With New Obstacles – The Wall Street Journal
Policy
Reflection of savagery: main candidates in São Paulo break rejection record – The Globe
Justice punishes Nunes and Boulos for exceeding Tarcísio and Lula’s time in electoral programs – S. Paulo Newspaper
Neither Bolsonaro nor Lula: who is the biggest political force in the agricultural region of SP? – State