{
Andre Esteves

People

}

billionaire warns of us deficit and excessive money printing concerns

Billionaire Andre Esteves, chairman of Banco BTG Pactual SA, has expressed concern over the growing US deficit and the excessive money printing by the Federal Reserve. He noted a stark contrast between the heightened investor anxiety regarding Brazil's fiscal issues and the relative calm surrounding the US situation. Esteves criticized the Fed for over-communicating, which he believes adds to market volatility.
Bloomberg.com
Banco BTG Pactual SA BRA Andre Esteves
Finance & Economy, Market Report
23:32 23.10.2024
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