{"id":4211,"date":"2024-11-04T10:13:00","date_gmt":"2024-11-04T13:13:00","guid":{"rendered":"https:\/\/artica.capital\/asset-videos\/o-risco-das-dividas-no-brasil-cartas-mensais-31\/"},"modified":"2025-08-21T10:56:56","modified_gmt":"2025-08-21T13:56:56","slug":"o-risco-das-dividas-no-brasil-cartas-mensais-31","status":"publish","type":"aam-videos","link":"https:\/\/artica.capital\/en\/asset-videos\/o-risco-das-dividas-no-brasil-cartas-mensais-31\/","title":{"rendered":"Debt Risk in Brazil \u2013 Monthly Letters #31"},"content":{"rendered":"<div class=\"wp-block-group has-global-padding is-content-justification-left is-layout-constrained wp-container-core-group-is-layout-133fd709 wp-block-group-is-layout-constrained\">\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe loading=\"lazy\" title=\"Debt Risk in Brazil - Monthly Letters #31\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/UF4Wfzykgh4?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe>\n<\/div><\/figure>\n\n\n\n<p>In June, the European Central Bank began cutting its benchmark interest rate, followed by the Federal Reserve in September. The Central Bank of Brazil (BACEN), which had already been cutting the SELIC rate since August 2023, surprised by raising the interest rate from 10.5% to 10.75% last month, bucking the global trend. This move highlights the uncertainty of macroeconomic projections and the wisdom of Brazilian entrepreneurs in maintaining low debt levels, adapting financial practices imported from the United States to the local reality. See the full letter: https:\/\/artica.capital\/cartas\/o-risco-das-dividas-no-brasil<\/p>\n\n\n\n<div class=\"wp-block-group has-pureza-background-color has-background is-layout-grid wp-container-core-group-is-layout-90834c91 wp-block-group-is-layout-grid\">\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-d2a5859e wp-block-group-is-layout-flex\" style=\"padding-top:58px;padding-right:40px;padding-bottom:58px;padding-left:40px\">\n<h3 class=\"wp-block-heading\" style=\"font-size:24px;letter-spacing:-0.25px\">Watch more videos from \u00c1rtica<\/h3>\n\n\n<a href=\"https:\/\/www.youtube.com\/@articainvest?sub_confirmation=1\" style=\"font-size:16px;font-style:normal;font-weight:300;\" class=\"is-style-link wp-block-pycblocks-buttonpyc\" target=\"_blank\" rel=\"noopener\"><span style=\"text-wrap: nowrap; margin-right:8px;\">Go to Youtube<\/span><span style=\"display:inline-flex;align-items:center;justify-content:center;fill:#000000;color:#000000;width:14px;height:14px;max-height:14px;vertical-align:middle;flex-shrink:0;\"><svg width=\"20\" height=\"20\" viewbox=\"0 0 20 20\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><rect width=\"20\" height=\"20\" fill-opacity=\"0.01\" style=\"mix-blend-mode:multiply\"\/><path d=\"M11.25 3.75L10.3562 4.62063L15.0938 9.375H2.5V10.625H15.0938L10.3562 15.3581L11.25 16.25L17.5 10L11.25 3.75Z\"\/><\/svg><\/span><\/a><\/div>\n\n\n\n<div class=\"wp-block-cover is-light wp-container-content-3a6eef98\" style=\"min-height:203px;aspect-ratio:unset;\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"778\" class=\"wp-block-cover__image-background wp-image-1042 size-large\" alt=\"-\" src=\"\/wp-content\/uploads\/2025\/07\/perspectiva-da-pessoa-que-cria-conteudos-de-viagens-com-o-smartphone-1024x778.jpg\" data-object-fit=\"cover\" srcset=\"https:\/\/artica.capital\/wp-content\/uploads\/2025\/07\/perspectiva-da-pessoa-que-cria-conteudos-de-viagens-com-o-smartphone-1024x778.jpg 1024w, https:\/\/artica.capital\/wp-content\/uploads\/2025\/07\/perspectiva-da-pessoa-que-cria-conteudos-de-viagens-com-o-smartphone-300x228.jpg 300w, https:\/\/artica.capital\/wp-content\/uploads\/2025\/07\/perspectiva-da-pessoa-que-cria-conteudos-de-viagens-com-o-smartphone-768x583.jpg 768w, https:\/\/artica.capital\/wp-content\/uploads\/2025\/07\/perspectiva-da-pessoa-que-cria-conteudos-de-viagens-com-o-smartphone-1536x1166.jpg 1536w, https:\/\/artica.capital\/wp-content\/uploads\/2025\/07\/perspectiva-da-pessoa-que-cria-conteudos-de-viagens-com-o-smartphone-2048x1555.jpg 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><span aria-hidden=\"true\" class=\"wp-block-cover__background has-background-dim-0 has-background-dim\"><\/span><div class=\"wp-block-cover__inner-container is-layout-flow wp-block-cover-is-layout-flow\">\n<p class=\"has-text-align-center has-large-font-size\"><\/p>\n<\/div><\/div>\n<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>Em junho, o European Central Bank come\u00e7ou a reduzir sua taxa b\u00e1sica de juros, seguido pelo Federal Reserve em setembro. O Banco Central do Brasil (BACEN), que j\u00e1 vinha reduzindo a taxa SELIC desde agosto de 2023, surpreendeu ao aumentar os juros de 10,5% para 10,75% no m\u00eas passado, contrariando a tend\u00eancia global. Esse movimento destaca a incerteza das proje\u00e7\u00f5es macroecon\u00f4micas e a sabedoria dos empres\u00e1rios brasileiros em manter baixos n\u00edveis de endividamento, adaptando pr\u00e1ticas financeiras importadas dos Estados Unidos \u00e0 realidade local.<\/p>","protected":false},"author":1,"featured_media":4210,"template":"","meta":[],"class_list":["post-4211","aam-videos","type-aam-videos","status-publish","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/artica.capital\/en\/wp-json\/wp\/v2\/aam-videos\/4211","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/artica.capital\/en\/wp-json\/wp\/v2\/aam-videos"}],"about":[{"href":"https:\/\/artica.capital\/en\/wp-json\/wp\/v2\/types\/aam-videos"}],"author":[{"embeddable":true,"href":"https:\/\/artica.capital\/en\/wp-json\/wp\/v2\/users\/1"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/artica.capital\/en\/wp-json\/wp\/v2\/media\/4210"}],"wp:attachment":[{"href":"https:\/\/artica.capital\/en\/wp-json\/wp\/v2\/media?parent=4211"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}