Economia monetária: a evolução do sistema especial de liquidação e de custódia - Selic

Abstract

The present study aimed to analyze the behavior of the basic interest rate (SELIC) in the face of inflationary challenges during the last three presidential governments, Dilma Rousseff, Michel Temer and Jair Messias Bolsonaro, between the years 2011 to 2022. The aforementioned study is of a descriptive, documentary and qualitative nature. Macroeconomic variables were used to analyze how SELIC, IPCA and GDP behaved. The research used the Central Bank and IBGE website as its main source of data. The analyzed data was divided into graphs and tables for better visualization and understanding. The research results point to positive moments where adjustments in the basic interest rate controlled inflation, as well as moments in which the prolonged easing of the SELIC influenced the economy into inflationary crises and recessions. It was found that efficient control of the basic interest rate requires caution and effectiveness to be successful and to ensure that the economy does not suffer from inflationary crises and recessions.