Inflection points
The world economy is undergoing a phase of transition from the resilience that growth continued to show during the summer months to the strong downward adjustment of activity anticipated by the rapid deterioration of economic sentiment (especially marked in October) and the worsening of financial conditions. There are several risks which could further move the needle, including covid-zero policies in China and geopolitical tensions.The key for the coming months will be to definitively turn the corner on inflation, seeing off the most aggressive interest rate rises in the last 40 years and reducing volatility in the financial markets.
BANCO BPI, S.A., com sede na Avenida da Boavista, 1117, 4100-129 Porto; Capital Social: € 1 293 063 324,98; matriculada na CRC Porto sob o número de matrícula PTIRNMJ 501 214 534, como o número de identificação fiscal 501 214 534. Intermediário financeiro registado na CMVM com o n° 300 e no Banco de Portugal sob o código n° 10. Agente de Seguros n.º 419527591, registado junto da Autoridade de Supervisão de Seguros e Fundos de Pensões em 21/01/2019, e autorizado a exercer atividade nos Ramos de Seguro Vida e Não Vida.