{"id":1448,"date":"2025-08-11T21:56:26","date_gmt":"2025-08-12T00:56:26","guid":{"rendered":"https:\/\/gazetapernambucana.com\/?p=1448"},"modified":"2025-08-11T21:56:26","modified_gmt":"2025-08-12T00:56:26","slug":"gabriel-galipolo-presidente-do-banco-central-diz-que-programas-sociais-dificultam-reducao-da-inflacao-no-brasil","status":"publish","type":"post","link":"https:\/\/gazetapernambucana.com\/?p=1448","title":{"rendered":"Gabriel Gal\u00edpolo, presidente do Banco Central, diz que programas sociais dificultam redu\u00e7\u00e3o da infla\u00e7\u00e3o no Brasil"},"content":{"rendered":"<p data-start=\"0\" data-end=\"308\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-1449\" src=\"http:\/\/gazetapernambucana.com\/wp-content\/uploads\/2025\/08\/Screenshot_95-300x202.jpg\" alt=\"\" width=\"300\" height=\"202\" srcset=\"https:\/\/gazetapernambucana.com\/wp-content\/uploads\/2025\/08\/Screenshot_95-300x202.jpg 300w, https:\/\/gazetapernambucana.com\/wp-content\/uploads\/2025\/08\/Screenshot_95-768x516.jpg 768w, https:\/\/gazetapernambucana.com\/wp-content\/uploads\/2025\/08\/Screenshot_95.jpg 845w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/>\u00a0 \u00a0 \u00a0O presidente do Banco Central (BC), Gabriel Gal\u00edpolo, afirmou nesta segunda-feira (11) que os programas sociais podem ser um dos motivos para a taxa Selic, mesmo alta, n\u00e3o conseguir fazer a infla\u00e7\u00e3o convergir para a meta desejada. A declara\u00e7\u00e3o foi feita durante palestra na Associa\u00e7\u00e3o Comercial de S\u00e3o Paulo.<\/p>\n<p data-start=\"310\" data-end=\"620\">Gal\u00edpolo citou que essas pol\u00edticas, \u201cque foram desenhadas como uma rea\u00e7\u00e3o \u00e0 covid e que permaneceram\u201d, t\u00eam um \u201ccar\u00e1ter mais progressivo, que tende a colocar mais dinheiro na m\u00e3o da camada da popula\u00e7\u00e3o que tem uma propens\u00e3o marginal a consumir mais elevada\u201d. Ele n\u00e3o mencionou nenhum programa social espec\u00edfico.<\/p>\n<p data-start=\"622\" data-end=\"1067\">O presidente do BC discutiu o tema ao tentar explicar por que, mesmo com juros elevados, a economia brasileira mant\u00e9m um certo dinamismo. Segundo ele, esse fen\u00f4meno traz um efeito colateral: \u201ch\u00e1 maior dificuldade para reduzir a infla\u00e7\u00e3o do que em outros pa\u00edses\u201d. Ele ressaltou que \u201ca gente n\u00e3o enxerga ainda as expectativas de m\u00e9dio e longo prazo produzirem uma converg\u00eancia \u00e0 meta como \u00e9 desejado do ponto de vista do mandato do Banco Central\u201d.<\/p>\n<p data-start=\"1069\" data-end=\"1438\">Os programas sociais no Brasil custam, atualmente, pelo menos R$ 387 bilh\u00f5es por ano. A expectativa dos analistas do mercado financeiro para a infla\u00e7\u00e3o em 2025 \u00e9 de 5,05%, conforme o Boletim Focus divulgado pelo BC nesta segunda-feira. Apesar das quedas seguidas nas estimativas por 11 semanas, a infla\u00e7\u00e3o permanece acima da meta oficial, que \u00e9 de 3%, com teto em 4,5%.<\/p>\n<p data-start=\"1440\" data-end=\"1769\">Gal\u00edpolo tamb\u00e9m comentou que as novas tarifas de importa\u00e7\u00e3o impostas pelos Estados Unidos aumentam a incerteza na economia global, sendo mais um fator para a manuten\u00e7\u00e3o dos juros em patamar elevado. Contudo, destacou que o Brasil \u201cvai se machucar menos\u201d em compara\u00e7\u00e3o ao M\u00e9xico e outros pa\u00edses mais expostos \u00e0 economia americana.<\/p>\n<p data-start=\"1771\" data-end=\"1951\">Ao falar sobre a press\u00e3o da sociedade em seu cargo, Gal\u00edpolo fez uma analogia: \u201c\u00c9 como jogar na Bombonera com juiz duvidoso\u201d, referindo-se ao est\u00e1dio do Boca Juniors, na Argentina.<\/p>\n<p data-start=\"1953\" data-end=\"2402\" data-is-last-node=\"\" data-is-only-node=\"\">O presidente do BC ressaltou a import\u00e2ncia do Pix ser administrado pela autoridade monet\u00e1ria. Segundo ele, se o sistema fosse gerido por entidades privadas, \u201csempre ficaria uma suspeita do ponto de vista de conflitos de interesse\u201d. Gal\u00edpolo observou que o uso de outros meios de pagamento cresceu significativamente desde o in\u00edcio da opera\u00e7\u00e3o do Pix, em novembro de 2020, atribuindo esse crescimento \u00e0 inclus\u00e3o financeira proporcionada pelo sistema.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u00a0 \u00a0 \u00a0O presidente do Banco Central (BC), Gabriel Gal\u00edpolo, afirmou nesta segunda-feira (11) que os programas sociais podem ser um dos motivos para a taxa Selic, mesmo alta, n\u00e3o conseguir fazer a infla\u00e7\u00e3o convergir para a meta desejada. A declara\u00e7\u00e3o foi feita durante palestra na Associa\u00e7\u00e3o Comercial de S\u00e3o Paulo. Gal\u00edpolo citou que essas [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1449,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[37,1,38],"tags":[],"class_list":["post-1448","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-https-gazetapernambucana-com-page_id212","category-https-gazetapernambucana-com-page_id225","category-https-gazetapernambucana-com-page_id215"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Gabriel Gal\u00edpolo, presidente do Banco Central, diz que programas sociais dificultam redu\u00e7\u00e3o da infla\u00e7\u00e3o no Brasil -<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/gazetapernambucana.com\/?p=1448\" \/>\n<meta property=\"og:locale\" content=\"pt_BR\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Gabriel Gal\u00edpolo, presidente do Banco Central, diz que programas sociais dificultam redu\u00e7\u00e3o da infla\u00e7\u00e3o no Brasil -\" \/>\n<meta property=\"og:description\" content=\"\u00a0 \u00a0 \u00a0O presidente do Banco Central (BC), Gabriel Gal\u00edpolo, afirmou nesta segunda-feira (11) que os programas sociais podem ser um dos motivos para a taxa Selic, mesmo alta, n\u00e3o conseguir fazer a infla\u00e7\u00e3o convergir para a meta desejada. 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