Política e juros no 2º semestre | Econocast #134

What to expect from the Brazilian economy in the second half of 2026? In this episode of Econocast, Luiza Pinese, economist at XP, talks with Caio Megale, chief economist at XP, and Barbara Baião, political analyst at XP, to analyze the main risks to inflation, the trajectory of the Selic rate, the fiscal scenario, and the prospects for economic growth. Understand how fiscal stimulus, increased public spending, and debt evolution can affect interest rates, the dollar, inflation, and investments. The episode also explains the concentration of Treasury issuances in Selic-indexed bonds, such as LFTs, and why this may indicate a worsening of the public debt profile. Investing with XP Investimentos is easy, just create your account and in minutes you can start investing: https://t2m.io/youtube-aqs Follow all XP content at https://t2m.io/8cxPp6x Subscribe to receive our Expert Drops newsletter - https://bit.ly/3uODi6l Follow our WhatsApp channel: https://bit.ly/48njYL6 See the reports also on Facebook: http://facebook.com.br/expertxp2 Join the Telegram channel: https://t.me/xp_investimentos Check out our Instagram:   / expertxp   Financial Glossary: https://conteudos.xpi.com.br/conteudo... ----------------------------------------------------------------------------- #BrazilianEconomy #SelicRate #Inflation #FiscalRisk #PublicDebt #FinancialMarket #Investments #XPResearch