started · updated
SulAmérica Investimentos urges fiscal adjustment in Brazil
At the 16th edition of the Expert XP conference held from July 23‑25 at São Paulo Expo, SulAmérica Investimentos highlighted the need for a fiscal adjustment by Brazil's next government. CEO Marcelo Mello said the incoming president, slated to take office in 2027, should prioritize structural reforms of public spending to address the current misalignment between monetary and fiscal policy. He added that such an adjustment could allow the central bank’s Selic rate to fall to around 10%, which would encourage investors to diversify beyond fixed‑income assets.
Chief economist Natalie Victal warned that external shocks – notably the ongoing conflict in the Middle East and the anticipated El Niño impact on food prices – are keeping the macroeconomic environment volatile, prompting the central bank to operate under heightened uncertainty.
Entities
Claims
What the coverage asserts, and how well corroborated each claim is across sources.
- [● 2 SOURCES] The 16th Expert XP conference took place from July 23 to 25 at São Paulo Expo. gazeta24h.com · portalrbn.com.br
- [● 2 SOURCES] SulAmérica Investimentos advocated for a fiscal adjustment by Brazil's next government. gazeta24h.com · portalrbn.com.br
- [● 2 SOURCES] CEO Marcelo Mello said the incoming president in 2027 should prioritize fiscal adjustment. gazeta24h.com · portalrbn.com.br
- [● 2 SOURCES] Mello said fiscal adjustment could enable the Selic rate to fall to around 10%. gazeta24h.com · portalrbn.com.br
- [● 2 SOURCES] Natalie Victal noted external macroeconomic pressures from Middle East conflicts and potential El Niño impacts on food prices. gazeta24h.com · portalrbn.com.br