The economist and finance professor at Insper, Alexandre Chaia, believes that, at this time of high interest rates, the best investment is precisely in those linked to the Selic rate.
On Wednesday (3), the Monetary Policy Committee (Copom) of the Central Bank raised interest rates to 13.75% per year, with the expectation that a new increase will take place in September.
“With this level of interest rate, investments linked to interest are interesting, with a return that reaches 1% per month. For the Brazilian who has money, this is the dream of consumption”, he said, in an interview with CNN Radio.
Chaia assesses that “the tendency is for investors to return to betting on fixed income securities or financial instruments linked to the Treasury, such as CDBs and real estate securities.”
“They are better than variable income, which have more risks even more with the uncertainty of the election year, it is easier to make money with interest rates because the level is very high.”
The economist stated that, depending on the next elected government, whoever it may be, the BC may raise interest rates again as of September.
“In general, the impact of the high interest rate today happens in 8 months, the BC is targeting next year, when the government must contain expenses. When the government changes, we will have to assess whether there will be cost containment or whether it will continue to spend beyond the ceiling, generating inflation”.
*Produced by Alessandra Ferreira
Source: CNN Brasil
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