The war in Ukraine generated a rise in the price of products such as oil, gas, wheat, corn and fertilizers, items in which Russia played an important role in international trade. The impact is even greater because it occurs just when the world economy was rehearsing a resumption of growth after the damage caused by the Covid-19 pandemic.
Faced with inflationary pressure, the European Central Bank decided to keep interest rates unchanged in the euro zone, but signaled that this could change in the coming quarters. In Brazil and the United States, the expectation is for announcements of interest rate hikes this Wednesday (16).
In this episode of E Tem Mais, Carol Nogueira presents a balance of expectations for the global economy, given the increase in fuel and food prices. To describe the concerns and the perspective of an economic tightening in the coming months, the economists Otaviano Canuto, who held executive positions at the World Bank and the International Monetary Fund (IMF), and William Eid, coordinator of the Center for Studies in Finance, participated in this episode. from Fundação Getúlio Vargas (FGV).
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I’m James Harper, a highly experienced and accomplished news writer for World Stock Market. I have been writing in the Politics section of the website for over five years, providing readers with up-to-date and insightful information about current events in politics. My work is widely read and respected by many industry professionals as well as laymen.
