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Financial Markets


Private Payroll Loans in 2026: Expansion, Interest Rate Distortions, and the Systemic Risk of Mispriced Credit
Private payroll loans are expanding fast, but interest rates no longer reflect their real risk. The mismatch threatens families, credit quality, and financial stability.
Apr 23


Inflation in 2026: markets adjust expectations and signal a more benign scenario
Markets have revised inflation expectations downward for 2026 once again, signaling greater confidence in price stability despite persistently high interest rates and moderate economic growth.
Feb 12


High Interest Rates in 2025: How Monetary Policy Reshaped the Investment Market
In 2025, a high interest rate environment reshaped the investment market, making capital more selective and reinforcing the importance of strong fundamentals, financial discipline, and a long-term perspective in business decisions.
Jan 2
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