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Murray News

Fuel tax breaks offer short-term gain but slow down growth in 2023

Economists say positive impact is temporary and that inflation will follow *Alex Ribeiro — São Paulo 06/09/2022 Affonso Celso Pastore — Foto: Leo Pinheiro/Valor The government’s measures to reduce fuel prices may lower inflation and stimulate the economy in the short term, during the election period, but they will lose a good part of these […]

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9 de June de 2022/by Gelcy Bueno
Murray News

Analysis: Should Central Bank reassess fiscal risks?

Questions emerged after federal government’s decision to undermine fiscal anchor to hold fuel prices down 06/08/2022 Central Bank’s building in Brasília — Foto: Divulgação/Rodrigo Oliveira/Caixa Econômica Federal Market analysts have begun to discuss whether the Central Bank’s Monetary Policy Committee (Copom) should reassess its balance of risks to inflation after the government unveiled the intention […]

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8 de June de 2022/by Gelcy Bueno
Murray News

Reduction in fuel taxes may harm ethanol

Cheaper gasoline can make biofuel unviable because of loss of competitiveness 06/08/2022 Analysts say measure may lead owners of bi-fuel cars to fill tank with gasoline instead of ethanol — Foto: Hermes de Paula/Agência O Globo Eager to reduce fuel prices by any means, the Bolsonaro administration may end up hurting sales of a renewable […]

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8 de June de 2022/by Gelcy Bueno
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