radical, but of course, we want to grow faster. we want to be more equal in terms of the socio economic situation. so it s time for us to observe. but it s, there s quite a division in the country. soaring prices are still a huge challenge pretty much everywhere, but brazil, you ve managed to more than half inflation since a peak of over, i think it was around 12%, in april last year, but you ve only managed to do it with these crushing interest rates. i mean, at the time of this interview, those rates, as you know, were 13.75%. how much is that hurting the local economy? it hurts a lot, especially if we make the calculation on real terms, we are talking about 8% real interest rate, which is huge. of course, the economy has been impacted and it will still be
since a peak of over, i think it was around 12%, in april last year, but you ve only managed to do it with these crushing interest rates. i mean, at the time of this interview, those rates, as you know, were 13.75%. how much is that hurting the local economy? it hurts a lot, especially if we make the calculation on real terms, we are talking about 8% real interest rate, which is huge. of course, the economy has been impacted and it will still be impacted for the coming months. but we start to see inflation going down. once the government is able to show that they will be responsible, that the fiscal management will be a priority for the new government, we will start to see the economy and the interest rates and all this premium being lowered, and the interest rates can be
terms, we are talking about 8% real interest rate, which is huge. of course, the economy has been impacted and it will still be impacted for the coming months. but we start to see inflation going down. once the government is able to show that they will be responsible, that the fiscal management will be a priority for the new government, we will start to see the economy and the interest rates and all this premium being lowered, and the interest rates can be lowered in a not a fast pace, but at least we can start to see the rate cuts in the horizon. and ana carla, if we look at the brics grouping, i m wondering how do you see brazil s continued relations with russia? that s a very important question, aaron, because brazil has been trying to be more neutral than maybe
Executive Summary: Recent empirical work using different approachesaffirms the traditional view that there is a clear and robustrelationship between lower taxes and higher economic output.Federal, state, and local policymakers should therefore look forevery opportunity to reduce taxes, especially those that are mostharmful to economic growth such as marginal tax rates and taxes onsaving and investment.
Gold: Société Générale sieht Rutsch auf 1 550 Dollar (Der Aktionär) aktiencheck.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from aktiencheck.de Daily Mail and Mail on Sunday newspapers.