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2024-10-15 11:38:37

Financial Times on Nostr: American interest rates need to rise ========== Economic activity in the US is better ...

American interest rates need to rise
==========

Economic activity in the US is better than expected; core inflation is rising; both the US and Brazil have lax fiscal policies; the IMF projects a 6.5% general government deficit for both countries in 2024; Brazil's central bank (BCB) shifted from rate cuts in May to unanimous rate hikes in September; Lula appointed Gabriel Galípolo as the new BCB governor; US consumption remains strong, similar to Brazil's; the US has a larger primary deficit than Brazil.

#InterestRates #UsEconomy #BrazilEconomy #Inflation #FiscalPolicy #CentralBanks #Imf #Lula #GabrielGalípolo #EconomicGrowth

https://www.ft.com/content/fad1e834-0ae4-40ca-9d0f-b395e4d8af2d
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