Gaddo: Expectations outside today indicate a more temporary impact of tariffs | The economy
Central Bank President Gabriel Galipo said, “The effect of market reading tariffs – even if one does not know what the end tariffs are – now there is more inflation, and not necessarily in a permanent way. Ja in Sao Paulo.
In this way, the BC president is expected to lose weight in the scenario of displacement of tariffs. “Today’s expectations indicate a more temporary impact of tariffs,” he said.
For Galipol, the most permanent effect of the tariff policy is “the concept of definitely violating faith or uncertainty, which seems to suggest ideas and searches for defense alternatives, until recently the United States allies and historical partners.”
In this case, in Galipo, the US historical allies understand that the situation is more permanent to seek more liquid active actions to protect the protection, and eventually the danger with the tariff climbing the danger. He said that it was “interested” to see the agent in the US market with the volatility and exchange behavior of the Treasury yields.
However, the BC president believes that the market needs to understand two more. First, if the contract effects of uncertainty arising due to tariffs can cause some economic slowdown. Second, understand the results of tariffs and the results on the economies.
Ja in Sao Palo. These creams are only available after the BC president’s appearance.
J. Galipol’s speech in Macro Day 2025 was the last public’s mention of BC President on any financial complex matters before the next meeting of the Monetary Policy Committee (Copom) on Harvest on May 6 and 7. The quiet period of the college will be attended by the Financial Stapeability Report on the 29th, the Financial Stapeability Report on the 29th, and the Galipo in Galipo.
