Banco BTG Pactual SA Chairman Andre Esteves has expressed concerns about the growing US deficit and the consequences of the Federal Reserve's extensive money printing.

Esteves pointed out the contrasting levels of investor anxiety between Brazil's fiscal challenges and the relative calm surrounding the US's financial situation, suggesting a lack of critical discussion on the matter.

He criticized the Fed for what he sees as excessive communication, arguing that this contributes to increased market volatility.

Esteves's comments come at a time when fiscal policies and their potential impact on economic stability are being closely monitored by financial markets.