Inova Investment
The currency devaluation consolidated and absorbed by the Brazilian economy has brought a range of possibilities for expanding the market and hence the development of productive activities.
The success of the government to continue reducing the interest rate
go also depend on the macroeconomic scenario, not only of measures such
as reducing the rate of compulsory deposits, since the expansion of
credits depends not only on the reduction of interest rates, but also
, extended deadlines for funding. And this can only be achieved with
positive expectations of economic agents about the future performance
of the economy.
As it happens, particularly in the case of individuals, the decision
to take a loan is based more on the value of the benefit which, in turn,
is determined also by the deadline.
The Central Bank's measures are important to reduce interest rates on
the edge, but its practical effect on the movement of sales also depends
on an economic scenario better defined as is beginning to form itself.
It is this new political and economic environment that will allow sensitive
fall of interest rates by central bank policy as well as reducing the
degree of uncertainty about the future of our economy and thereby permit
the extension of the deadlines for funding.
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