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Lifetime access to Marilia Fontes' allocation and direct contact 👉 https://nordlink.co/41pMH2g Marilia Fontes, a fixed income and macroeconomics specialist at Nord Research, provides a detailed analysis of the recent increase in the Selic rate to 12.25% per year and what this represents for the Brazilian economic scenario. Based on the most recent COPOM report, Marilia comments on the reasons that led the Central Bank to increase the interest rate and discusses the impact that this monetary policy may have on both the domestic and international scenarios. Marilia explores inflation expectations and the reasons why the Central Bank will likely continue to raise the Selic rate in the coming months, keeping it at high levels for an extended period. She explains the effects of this scenario on purchasing power, credit costs and the investment market, analyzing how these changes affect investors and what are the main points of attention. Finally, Marilia offers practical suggestions on where to invest with the Selic rate at 12.25%, highlighting options that can be advantageous to protect assets and obtain attractive returns in this challenging scenario. This video is an essential guide for those who want to make more informed investment decisions and adapt their portfolio to the new Selic rate level. 00:00 - Fiscal scenario 03:43 - Why the Central Bank increased the Selic rate 04:13 - External scenario 05:27 - Domestic scenario 06:07 - What is potential GDP? 08:39 - What is GDP gap? 09:20 - What is full inflation? 10:08 - Inflation expectations 14:52 - What are the monetary policy transmission mechanisms 16:59 - Impact of fiscal policy on monetary policy 25:36 - How far will the Selic rate rise 30:37 - Where to invest with the Selic rate at 12.25%? 🎙 Nord Spotify Podcasts: https://nordlink.co/3GQ5KFa 📻 Nord Deezer Podcasts: https://nordlink.co/3uK1xAi 🎙 Nord Apple Podcasts: https://nordlink.co/3x2B67W 🐥 Twitter: https://nordlink.co/3oJhpiy 💻 Facebook: /nordresearch 📸 Instagram: /nordresearch 💎 LinkedIn: /about 🔵 Telegram Nord: https://t.me/s/nordresearchoficial